Business

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

Veritas Kapital records 1,101% growth in net profit

Veritas Kapital Assurance, one of the leading insurance companies, has declared a 1,101% increase in net profit for the 2023 fiscal year, representing

Ogonis laments 500,000bpd untapped crude oil in their communities

The Movement for the Survival of Ogonis People (MOSOP) said it’s worried that   a proven oil production capacity of 500,000 barrels per day of crude o

MSME conference to focus on growing Nigerian products – SMEDAN

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) says that the  2024 edition of the National MSME Conference, themed “GROW NIGE

FG targets accelerated sugar production in 2025

The National Sugar Development Council (NSDC) says it is targeting accelerated sugar development in Nigeria that will ensure that the commodity is suf

CBN to expand e-Naira for govt transactions

The Central Bank of Nigeria (CBN) says it will expand the use of its digital currency, eNaira, for payments into government accounts and allow Ministr