Business

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

Why grain prices rose again, days after falling in Saminaka market

Early last week, there were reports of a crash in grain prices in some of the grain markets, especially in the northern part of the country. Many attr

Plan to halt grain export, hoarding raises issues in Yobe

There were fear and concern by farmers and grain traders in Yobe State after the state government announced its plan to take measures to stop hoarding

Experts speak as FG tightens grip on Binance

The issue between the Federal Government of Nigeria and a crypto currency exchange platform, Binance, will not negatively impact Nigeria’s econo

Dangote Cement reports N455.6bn profit

A profit after tax of N455.58 billion for the financial year ended December 2023 has been reported by Dangote Cement Plc. This represents a 19.7% incr

Savannah Bank re-licensed for operation, not liquidated – NDIC

The Nigeria Deposit Insurance Corporation (NDIC) has disclosed that Savannah Bank, one of the Nigerians’ oldest banks, has not been liquidated.