Business

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

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

Petrol hike, others ‘ll trigger increase in price of properties – REDAN

The Real Estate Developers Association of Nigeria (REDAN) says the recent hike in petrol prices, high interest rates and instability in exchange rates

Equity market loses N193.156bn

Trading session at the  Nigerian Exchange (NGX) yesterday ended on a negative note, leading to a decline of 336.26 points. Market capitalization dropp