Business

All the recent business news in Nigeria, economy and industry updates.

Moniepoint secures US$110m funding to boost digital payments

Moniepoint Inc has successfully raised US$110 million in equity financing, to power the dreams of millions of businesses and their customers across Af

Again, NNPC increases petrol price

The Nigerian National Petroleum Company Limited (NNPCL) has again hiked the price of premium motor spirit (PMS) otherwise known as petrol to N1,025 pe

South Africa’s ‘Pick n Pay’ sells 51% stake, to exit Nigeria

South African grocery retailer Pick n Pay has sold its 51 percent stake in a joint venture ahead of its exit from the Nigerian market. CEO Sean Summer

Equity market reverses gain, shreds N842bn in two days

For the second trading day in the week, the Nigerian equity market reversed previous week’s gain, shedding N842.77billion. The stock market began the

STL honored with Trustee Company of the Decade

STL Trustees over the weekend bagged two awards at the Banks and Other Financial Institutions (BAFI) Awards 2024, receiving the award for “Trustee Com