Business

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

Standard Chartered records $1.3bn pre-tax profit

Standard Chartered Bank recorded $1.3 billion in annual profit for Africa and the Middle East in 2023, the highest in a decade. According to a stateme

Customs suspends food distribution over stampede

The Nigeria Customs Service has announced the temporary suspension of the national food distribution initiative which it started it Lagos over the wee

Why I introduced contributory pension – Obasanjo

Former President Olusegun Obasanjo said the pain passed through by retirees to collect their monthly pension was part of the major reasons why his adm

Firm to set up factory for home appliances

The Japanese Ambassador to Nigeria, His Excellency Mr. Matsunaga Kazuyoshi, has hailed Sacral Industries Limited for taking the bold decision to set u

Kano, commodity coy sign MoU to develop state’s commodity sector

The Kano State government under the state’s Investment and Property Limited and a leading Nigeria’s commodities market player AFEX have signed a Memor