Business

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

Infinity Trust Mortgage bank to raise additional N50bn capital

Infinity Trust Mortgage Bank (ITMB) has revealed plans to raise additional N50 billion via private placement on the backdrop of expansion to becoming

Over 10,000 projects require $42.9trn to complete – Quantity surveyors

The Nigerian Institute of Quantity Surveyors (NIQS) says Nigeria requires about $42.9 trillion to complete over 10,000 projects taking place all over

Aviation insurance: No cause for panic, NAICOM tells operators

Insurance stakeholders on Thursday debunked insinuations that insurance companies in Nigeria lack capacity to successfully insure aviation business, e

Oando completes $783m acquisition of Agip

Oando Plc has disclosed that it has completed the acquisition of 100 per cent of the shareholding interest in the Nigerian Agip Oil Company (NAOC) fro

Axxela achieves 703,000 carbon emissions from 200 facilities

Axxela Limited, sub-Saharan Africa’s leading gas and power portfolio company, has released its 2023 Sustainability Report, showcasing a significant re