Business

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

Norrenberger Pensions grows assets by 17%, contributors 5%

Norrenberger Pensions said its assets grew by 17%, while total contributors increased by 5%, under the 2022 financial year. Hamisu Bala Idris, the Man

NNPC/Aiteo launch Nembe crude oil grade

The Nigerian National Petroleum Company (NNPC) Ltd has announced the introduction of Nembe Crude Oil Grade, a new crude oil grade into the internation

FG to investigate 5 years licence extension for DisCos

The Minister of Power, Adebayo Adelabu, says the government would soon institute investigation into the 5-year licence extension for the 11 Distributi

China-Nigeria trade volume rises to $17.25bn in Q3

The Consul-General, People’s Republic of China in Nigeria, Ms Yan Yuging, has disclosed that China and Nigeria’s bilateral trade volume rose to $17.25

Court halts sale of Novare’s assets in Nigeria

An FCT High Court has restrained Novare Investment Ltd owners of retail malls from selling off their assets in Nigeria. Justice Peter Kekemeke, who ga