CPPE cautions FCCPC against private enterprise repression
The Centre for the Promotion of Private Enterprise (CPPE) has said that there is “an emerging risk of market suppression and private enterprise repres
Business
All the recent business news in Nigeria, economy and industry updates.
Zenith Bank posted N406.8bn pre-tax profit in Q2, on track to hit N1trn by year end
Zenith Bank has reported its 2024 second quarter results, showing pre-tax profits topped N406 billion in the second quarter of 2024 as forex-related g
PZ Cussons posts N76.02bn annual loss amidst naira devaluation
PZ Cussons Nigeria has posted a loss after tax of N76.02 billion in the financial year ending 31 May 2024. This was contained in the company’s audited
Wema Bank to raise N150bn capital, says merger talks premature
Wema Bank is set to raise N150 billion in new capital through a hybrid of rights issuance, public offer and private placement. The bank disclosed this
FG snubs local manufacturers as Chinese companies get $500m meter deal
The federal government has signed an agreement with three Chinese companies to provide 1.4m meters to reduce the metering gap in the country. A statem