Business News

FCMB Group Plc yesterday announced its unaudited result and accounts for the nine months ended September 30, 2022 with 68 per cent Year-on-Year (YoY) increase in profit before tax to...

Great Nigeria Insurance Plc said it grew its gross premium by 16.9 percent from N7.1 billion in2020 to N8.3 in 2021. The company also recovered from a loss position of...

The Chief Investment Officer at Honeywell Group Limited (HGL), Mr. Otu Hughes, has said that the government’s ability to provide some clarity on key macroeconomic indices will not only help...

The Director General, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Mr. Olawale Fasanya, has disclosed that a matching fund programme for agro-based Nano, Micro and Small Enterprises (NMSEs)...

On the back of rising inflation rate in Nigeria, banks’ consumer loans rose by 31 per cent or N615.82 billion in one month to N2.55trillion in July 2022 from N1.93trillion...

Deepwater production is set to increase by over 60 per cent between 2022 and 2030, growing from 6 per cent to 8 per cent of overall upstream production even as...

The Nigeria Extractive Industries Transparency Initiative ((NEITI) has said that the country earned N741.48 billion from oil and gas sales between 1999 and 2020, a period of 21 years. The...

Nigerians continued to grapple with growing energy prices caused by the challenges in the global oil and gas industry, the Russia-Ukraine war as well as local distortions in Nigeria’s petroleum...

The profit-taking returned to the stock market of Nigerian Exchange Limited (NGX) after six consecutive days of an uninterrupted bullish streak as capitalisation declined by N65 billion yesterday to start...

At the end of the trading session last week, Nestle Nigeria Plc share price depreciated by N469.73 billion or 38.07 per cent in its Year-till-Date (YtD) performance to close at...