Business News

Wema Bank Plc. on Saturday confirmed the appointment of Mr Moruf Oseni as its substantive Managing Director and Chief Executive Officer with effect from April 1. Oseni, who had been...

Nigeria is going to save about $1.3bn annually by stopping the use of air conditioners and refrigerators with energy efficiency ratios that are below globally acceptable Minimum Energy Performance Standards,...

Some investors in the Nigerian Exchange Limited are due to receive over N744bn in dividend as announced by at least eight listed companies. A dividend is a reward that companies give...

The termination of a government support program this weekend will result in "brutal" energy bill increases, putting thousands of small firms at risk of going out of business, Entrepreneurng report....

1. Nigeria, Pakistan to improve bilateral trade The Minister of Aviation, Hadi Sirika, has agreed to lead a delegation saddled with the responsibility of improving bilateral trade and collaboration between...

Unilever Nigeria Plc had released its audited report for the year ended 31st December 2022. The company recorded turnover of N88.5 billion in the year under review which represents 26...

The Nigerian stock market reported a –0.33 per cent decline in equity capitalisation on Friday, resulting in N98.52 billion loss. Consequently, the market capitalisation tumbled to N29.54 trillion, from N29.64...

World Bank has said  developing counties including Nigeria have huge investment needs due to their inadequate infrastructure and other challenges. As such, the Washington-based lender called on policymakers to create...

The manager of Nigeria’s sovereign wealth fund, the Nigeria Sovereign Investment Authority, grew its net assets by 10 per cent from N919.73bn in 2021 to N1.02tn in the 2022 financial...

Below is a list: 1. IWD: Akeredolu’s wife urges women to learn ICT skills The Ondo State first lady, Mrs Betty Anyanwu-Akeredolu, has urged women to embrace information communication technology...