Business

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

Enwereji replaces Ireti Samuel-Ogbu as Citibank MD/CEO

From Dotun Omisakin, Lagos Nneka Enwereji has succeeded Ireti Samuel-Ogbu as the Managing Director/Chief Executive Officer of Citibank Nigeria Limited

BUA Cement’s revenue surged to N460bn in 2023

The management of BUA Cement Plc has announced an increase in net revenue of N460 billion in 2023, a 27.4 per cent increase from the N361 billion reco

FG, Boeing sign deal for Nigerian airlines

The federal government has signed a Memorandum of Understanding (MoU) with foremost aircraft manufacturer, Boeing. The Minister of Aviation and Aerosp

FG gives N47m grants to 32 tech inventors, innovators

The Minister of Innovation, Science and Innovation, Chief Uche Geoffrey Nnaji, has said that the federal government has given N47 million grants to 32

Lower windfall tax gradually, CIoD tells FG

The Chartered Institute of Directors Nigeria (CIoD) has called on the federal government to consider lowering the windfall tax rate gradually over the