Business News

1. Our petroleum products to hit market July – Dangote The Chairman of Dangote Group, Aliko Dangote, has said that the first tranche of petroleum products from the refinery will...

The Bank of Industry said its asset base rose from N1.71tn to N2.38tn in 2022 financial year. The Chairman, Board of Directors, BOI, Mallam Aliyu Dikko, disclosed this during the...

The International Monetary Fund has disclosed that 98.5 per cent of eNaira wallets have been unused one year after the launch of the central bank digital currency. This disclosure was...

The Chairman, NEM Insurance Plc, Dr. Fidelis Ayebae, has said the underwriting company paid N12.3bn to its claimants in 2022 financial year. He disclosed this during the 53rd annual general...

Sovereign Trust Insurance Plc has said its gross premium written rose by N20 per cent in 2022 financial period. The Deputy General Manager/Head, Corporate Communications & Investor Relations, STI, Olusegun...

Top Ten: 1. FG boosts maritime safety with 14 boats, others The Federal Government on Sunday, commissioned 14 enforcement and security boats as well as other infrastructures belonging to the...

The Chartered Institute of Bankers of Nigeria has reported a 16.9 per cent increase in revenue to N2.06 billion in 2022 from N1.76 billion in 2021. The Institute also stated...

The International Food Policy Research Institute has called on the Federal Government to put in place early-warning agricultural systems in order to avert sudden food crises across the country. IFPRI...

Personal loans declined to N1.75tn in the fourth quarter of 2022 from N1.85tn in the previous quarter, according to the Central Bank of Nigeria. The CBN, in its economic report...

The Federal Government has frowned at the poor contribution of the solid minerals sector to Nigeria’s Gross Domestic Product and revenue generation, as it revealed that oil and gas earnings...