Business

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

How market cap dropped by N8.9tr over audit failure – FRC

The Financial Reporting Council of Nigeria  (FRC) has lamented the collapse of corporate entities owing to audit failures, saying audit failures are “

FG issues $500 million five-year domestic dollar bond at 9.75%

The federal government has officially issued a $500 million domestic dollar bond, opening for subscription on August 19, 2024. This bond, part of the

Union Bank records N79.8bn half year PBT

The Union Bank of Nigeria has reported a profit before tax of N79.8 billion on gross earnings of N333 billion during the half year ended June 30, 2024

United Capital Plc unveils Ucee MFB

The United Capital Plc, one of Africa’s leading investment bank and financial services group, has launched a new subsidiary – Ucee Microfi

Court stops First Bank’s AGM

Justice Akintayo Aluko of the Federal High Court, Lagos, has restrained First Bank Nigeria (FBN) Holdings Plc from holding, conducting or hosting its