Business

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

Alebiosu takes over as acting CEO of First Bank

The Board of Directors of First Bank has announced Segun Alebiosu, Executive Director and Chief Risk Officer of First Bank, as the acting Managing Dir

Only 10 of 39 MDAs scored above 50% in business facilitation — PEBEC

The Presidential Enabling Business Environment Council (PEBEC) has revealed that only 10 out of 39 Ministries Departments and Agencies of government s

Meet new SEC DG, Agama

President Bola Tinubu recently announced the appointment of Emomotimi Agama as the director general of the Securities and Exchange Commission (SEC). A

‘24m family businesses contribute $200bn to national economy’

Only 30 per cent of family businesses survive beyond their first generation, the Dean of the Lagos Business School, Professor Chris Ogbechie, has disc

Transcorp Power recorded 775% profit in Q1

Transcorp Power Plc (Transcorp Power) has announced a 775 per cent Profit Before Tax (PBT) in the first quarter of 2024 with profit rising from N3.29