Business

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

Dangote Cement hits N11trn capitalisation, 20.6% of equity market

The market capitalization of Dangote Cement, Tuesday, hit N11.107 trillion, which makes about 20.6% of the entire Nigerian Stock Exchange equity marke

Despite receiving N1.88trn in 2 years 9 oil producing states’ debts skyrocket

Despite receiving N1.885 trillion from the 13 per cent oil derivation fund in two years, the nine oil-producing states’ debts as a result of loans tak

Nigerian startup secures $2.3m fund to acquire licences, develop new products

A Nigerian-based cryptocurrency startup, Canza Finance, has closed a $2.3 million round to support the development of its DeFi products, including the

Glo showers millions of naira on staff at 20th anniversary party

It was an evening of dance, music and comedy as digital services company, Globacom, on Saturday hosted its staff at a colouful 20th anniversary party,

How to boost forex market liquidity in 2024 – Report

Nigeria can boost foreign exchange (forex) market liquidity in the year 2024 if it improves on crude oil production to meet OPEC’s quota, it has been