Business

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

SMEDAN to SMEs: Don’t close shop because of hardship

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has advised small and medium enterprises (SMEs) owners not to close shop becau

ACCI, Afrexim to drive agric business innovation in Nigeria

The Abuja Chamber of Commerce and Industry (ACCI) said it is collaborating with the African Export-Import Bank (Afrexim Bank) to foster agricultural i

DAPPMAN welcomes Dangote Refinery to petrol market

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) Wednesday expressed excitement over the rollout of premium motor spirit (P

Banks’ loans to private sector hit N2.3trn in 1 month – Report

A new report indicated that commercial banks’ credits to the private sector rose by about N2.3 trillion between June and July 2024. Latest data on cre

Stanbic IBTC reports N84.2bn pre-tax profits

Stanbic IBTC Plc has reported its second-quarter results, posting pre-tax profits soaring by 80.4% to N84.2 billion for the three months ending in Jun