Gistsstack provides quality business news from Nigeria and all over the globe.

Manufacturers Slam Banks For Forex Racketeering

Manufacturers Forex racketeering

Manufacturers have accused commercial banks in Nigeria of engaging in foreign exchange (Forex) racketeering, which …

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See The 11 Proofs That Show Recession Is Almost Over

almost over

The federal government of Nigeria has given 11 reasons why it believes that the economy …

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World Bank Agrees To Give Nigeria $2.5bn Loan

World Bank loan

The International Bank for Reconstruction and Development, better known as the World Bank has agreed …

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U.S. To Invest N314. 8bn On Nigeria Power Projects


The Coordinator, Power Africa, a U.S.-initiated energy project, Mr. Andrew Herscowitz, on Tuesday, Feb. 14 …

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Angola Overtakes Nigeria As Africa’s Largest Oil Producer

For the 3rd time in 10 months, Angola has overtaken Nigeria to become the largest …

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FG To Reposition Economy By Leveraging On ICT


The Ministry of Communications says the Federal Government of Nigeria is repositioning the country’s economy …

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FG Takes Over Arik Airline, Gives Lifeline

Arik airline

The Federal Government of Nigeria on Thursday 9, January 2017 announced a lifeline to financially …

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Economy Recovery Plan: Private Sector Operators Hail Stakeholders’ Involvement

Economy Recovery Plan

Private sector operators on Monday said Federal Government’s engagement of key stakeholders in the development …

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Arsenal Partners MTN Nigeria


Arsenal has entered into a partnership with MTN, one of Nigeria’s mobile telecommunications network operators. …

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CBN To Penalise Banks For Borrowing Without Security


The Central Bank of Nigeria (CBN) says deposit money banks who borrow without adequate security will …

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