Business

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

BoI disburses N496bn to MSMEs, creates 2m jobs

Despite significant global and local economic downturn, the Bank of Industry (BoI) says it has so far disbursed N496 billion to Nigeria’s Micro, Small

Jaiz Bank posts N11bn profit before tax

Jaiz Bank Plc has released its 2023 full-year financial results and unaudited financial statements for the period ended March 31, 2024, to the Nigeria

Azura Power launches 20kW solar system to commemorate Children’s Day

Azura Power West Africa will on Monday, May 27 unveil a 20 kW solar system at the  Knosk Charity School in Kuje. The fundamental purpose of the launch

CIPM elects new president at 55th AGM

The Chartered Institute of Personnel Management of Nigeria (CIPM) has elected Mr Ahmed Ladan Gobir as the new President and Chairman of the Governing

Nestle shareholders applaud N547.1 bn revenue

Despite the challenging operating environment, Nestlé Nigeria PLC recorded a 22.4% increase in sales in 2023 with earnings of N547.1 billion, an incre