Category: Business

Manufacturers urge stronger policy support for industry recovery

Manufacturers have called for stronger and more consistent policy support to sustain Nigeria’s fragile industrial...

Nasarawa shuts down Lafia market over poor sanitation

The Nasarawa State Government has ordered the immediate closure of the Lafia Modern Market due...

Foreign investment hits N1.03tn in Nigerian stock market – NGX

Foreign portfolio investors have invested N1.03 trillion in Nigerian equities during the first nine months...

SEC warns of declining capital market participation amid crypto boom

The Securities and Exchange Commission has expressed concern over Nigerians’ increasing shift from traditional capital...

ICYMI: Alake woos global investors with mining sector reforms

Minister of Solid Minerals Development, Dele Alake, has urged investors to scale up their investments...

Nigerian Breweries revenue jumps 48% to ₦1.04trn in nine months

Nigerian Breweries Plc has posted a group revenue of ₦1.04 trillion for the nine-month period...

Germany–Nigeria trade jumps 30% to €3b

Germany–Nigeria trade relations have grown significantly, rising by 30 per cent to reach €3 billion....

UBA, Renewvia partner to deploy solar power across 25 branches

In a significant step towards deepening economic ties between Nigeria and Norway, United Bank for...

Nigerian Breweries posts ₦85.5bn profit despite Q3 integration loss

Nigerian Breweries Plc, Nigeria’s most valuable brewer, recorded a ₦85.5 billion profit in the first...

Lafarge Africa profit soars 246% to ₦207.78bn in nine months

Lafarge Africa Plc, a prominent Sub-Saharan Africa building solutions company, reported a massive 246 percent...

FG launches federal treasury receipt for payment transparency

The federal government has introduced the Federal Treasury Receipt, a pioneering reform that provides a...

Meta cuts 600 jobs in AI division

Facebook owner Meta is cutting 600 jobs in its artificial intelligence division, a move United...