Business

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

Stock investors lose N32bn amid selloffs

Stock market investors lost N32 billion on Wednesday as bearish sentiment continued to dominate trading on the Nigerian Exchange Ltd.(NGX) for seven c

Why FG grounded Arik Air

There was uncertainty over the operations of Arik Air Tuesday as the federal government, through the Minister of Aviation and Aerospace Development, M

Crude oil supply to Dangote shows Tinubu has listening ears – Group

The Arewa Think Tank (ATT) has stated that the approved crude oil supply to Dangote Refinery shows that President Bola Tinubu is a listening leader. T

FCMB Group to raise N110bn via public offer

FCMB Group Tuesday revealed plans to raise N110billion capital through ordinary shares of 50 kobo at an offer of N7.30  per ordinary shares on the Nig

African airlines record 11.8% growth in cargo

The International Air Transport Association’s (IATA’s) released data for June 2024, on the global air cargo market has shown strong annual growth in d