Business News

1. Despite Domestic, Global Economic Uncertainty, 9 Banks Declare N346bn Profit in Q1 2023 Domestic and global economic uncertainty not withstanding, 9 deposit money banks in the country declared N346...

The Senate has indicted the Bank of Agriculture in Kaduna over a N3.2bn loan disbursed to 10 vendors to purchase tractors and other equipment for allocation to end users. The...

The Housing Development Advocacy Network has urged the Federal Government to disburse the N200 billion intervention approved by the Central Bank of Nigeria for low-cost housing, which has been pending...

National Identification Number enrollment declined by 41.63 per cent year-on-year in the first four months of 2023 to 4.67 million from 8 million in the corresponding period of 2022. This...

Investors on the Nigerian Exchange Limited gained N570bn in one week, which was led by activities in the conglomerates industry. The conglomerates industry with 11.399bn shares valued at N30.990bn traded...

Top 10: 1. Seplat posts N91.1b profit in 2023 first quarter According to an Entrepreneurng report, seplat Energy Plc has disclosed that its gross profit soared to N91.1 b in...

According to Seplat Energy Plc, its gross profit increased by 69% in the first quarter of 2023, from N48.8 billion in the same time the previous year to N91.1 billion...

Stakeholders would be converging at this year’s IOT West Africa Conference and Exhibition to look into emerging trends in blockchain technology, big data, artificial intelligence and others in Africa. The...

The total estimated customers stood at about 6 million in the third quarter of 2022, higher by 1.1 per cent from 5.85 million in the second quarter of 2021, the...

Two fast-moving consumer goods manufacturers, Unilever Nigeria Plc and Cadbury Nigeria Plc, have reported N41bn in revenue in their unaudited financial statements for the first quarter that ended March 31,...