Business

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

Retirement planning – Investment options (I)

Several weeks ago, we discussed retirement benefits planning. In doing so, we introduced government-regulated and, rather tangentially, individual pla

New tariff: 11 DisCos get deadline to refund customers wrongly billed

The Nigerian Electricity Regulatory Commission (NERC) has given 11 electricity distribution companies (DiCos) till April 11, 2024, to refund customers

Transcorp posts N197bn revenue in 2023

Transnational Corporation Plc (“Transcorp” or the “Group”), Nigeria’s leading listed conglomerate, yesterday announced its financial results for the y

African airlines record 20.7% increase in passenger demand

The International Air Transport Association (IATA) yesterday released data for February 2024 global passenger demand with the following highlights sho

Nigerian Stocks extend bearish run with 251.74bn loss

The Nigerian equity market extended its bearish trend yesterday for the third time since the beginning of the week with investors losing another N251.