Wema Bank to raise N150bn capital, says merger talks premature
Wema Bank is set to raise N150 billion in new capital through a hybrid of rights issuance, public offer and private placement. The bank disclosed this
Business
All the recent business news in Nigeria, economy and industry updates.
FG snubs local manufacturers as Chinese companies get $500m meter deal
The federal government has signed an agreement with three Chinese companies to provide 1.4m meters to reduce the metering gap in the country. A statem
170 female entrepreneurs receive N25.5m in Yobe
At least 170 trained female entrepreneurs have received a N150,000 cash grant each in two LGAs of Yobe State to boost their businesses and increase ho
Nasarawa joins states contributing over N1bn to federation account
Nasarawa State has joined Ogun, Osun and Kogi as states contributing over N1 billion monthly to the federation account from mining royalties. The Mini
SON certifies 30 Kano companies
The Standards Organisation of Nigeria (SON) has awarded 30 companies in Kano State certificates for meeting quality and standard. The Kano State Coord