Business

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

MTN posts N519.1bn loss after tax in half year result

MTN Nigeria Communications PLC has released its financial results for the half year ended June 30, 2024 indicating its revenue increasing by 32.6% to

‘Investing in airports, neglecting roads counterproductive’

The Chief Executive Officer (CEO) of CITA Aviation Fuel Company, Dr Thomas Ogungbangbe, has called for the stimulation of economic activities to boost

NGX allays fear of trading disruptions over planned protest

The Chief Executive Officer (CEO) of the Nigerian Exchange Limited (NGX), Jude Chiemeka, has allayed fears of trading disruptions due to the planned n

Nigeria’s currency in circulation exceeds N4 trn in June 2024, first time in history

The latest data from the Central Bank of Nigeria (CBN) shows that the currency in circulation (CIC) reached a year-high of N4.05 trillion in June 2024

Pension funds surged to N20.48trn in June – PenCom

The National Pension Commission (PenCom) has revealed that it recorded N20.48 trillion as total pension fund assets in June, 2024. The figure represen