Business News

Guaranty Trust Holding Company Plc on Friday announced a profit before tax of N214.2 billion in its Audited Consolidated and Separate Financial Statements for the year ended December 31, 2022....

The Director-General of the Securities and Exchange Commission, Lamido Yuguda, has blamed the dwindling level of Foreign Portfolio Investments in the country on scarcity of foreign exchange. Based on data...

1. United Nigeria Airlines gets IOSA certification According to an entrepreneurng report, A Nigerian carrier, United Nigeria Airlines, says it has been registered as an Operational Safety Audit Programme operator...

Chairman of Dangote Cement Plc, Aliko Dangote, yesterday guaranteed shareholders and other stakeholders of the company’s management’s resolve to keep the company profitable by leveraging on strategic innovations for the...

At the backdrop of the imminent assumption of office, the World Bank Group, WBG, has given a long list of challenges that need to addressed in the immediate term by...

The Central Bank of Nigeria, CBN, has slammed a minimum fine of N2 million as penalty on banks that disobey its new guidelines on the management of dormant accounts, unclaimed...

The Federal Government, on Thursday, said the amount spent on subsidising Premium Motor Spirit, popularly called petrol, between 2005 and 2021 was N13tn, adding that the country lost N16.3tn to...

The 30th Annual Meetings of African Export-Import Bank (Afreximbank) (www.Afreximbank.com) will take place in Accra, Ghana, from 18 to 21 June 2023. The event will mark the high point of the...

An ex-TSB information officer was fined £81,000 by UK regulators for the bank's IT failure in 2018 that prevented millions of customers from accessing their accounts, Entrepreneurng report. Carlos Abarca,...

Even after the company's shares lost half their value in 2022 due to concerns about a recession and a terrible year for tech stocks in general, Amazon CEO Andy Jassy...