Business

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

Shafa Energy to start production of lubricant oil

Leading energy solutions provider, Shafa Energy, has announced plans to launch two cutting-edge lubricant brands: Shafa Shanu (HD40 CF/SF) and Shafa D

Jaiz Bank appoints Mustapha Ibrahim Ahmad as Non-Executive Director

Jaiz Bank has announced the appointment of Mallam Mustapha Ibrahim Ahmad as a non-executive director, in line with the NGX’s regulatory framework. The

Onne customs impounds 22 containers of illicit drugs, generates N550bn in 10 months

The Nigerian Customs Area 2 Command, Onne, Rivers State, has disclosed that it impounded 20 numbers of 40ft containers and one 20ft container laden wi

Govs Sule, Mutfwang push for indigenous contents as Luft Pay TV launched in Abuja

Governors Abdullahi Sule and Caleb Mutfwang of Nasarawa and Plateau states respectively have called for the strengthening of indigenous content in the

Fitch projects FX rate to increase to N1,993/$ by 2028

Fitch Solutions, a financial intelligence service provider, has predicted that the naira would slide to as low as N1,993 per dollar in 2028, severely