NDIC commences N16bn dividends payment to 20 liquidated bank depositors
Following recoveries from debtors and the acquisition of assets of banks in liquidation, the Nigeria Deposit Insurance Corporation (NDIC) has announce
Business
All the recent business news in Nigeria, economy and industry updates.
Food prices rose in August – NBS
The National Bureau of Statistics (NBS) says prices of beef, tomatoes, beans, garri, yam and other food items increased in August. It made the declara
Jaiz Takaful Insurance Participants Get N152m Surplus Payout
Jaiz Takaful Insurance Limited, an Islamic insurance company, has shared among its participants and clients N152 million who did no make any claims on
FG increases price of meters by 145% in 3 years
The federal government, through the Nigerian Electricity Regulatory Commission (NERC), increased the price of single-phase and three-phase pre-paid tw
UBA leads banks with 57.7% return on equity, peer average 32%
United Bank for Africa (UBA) return-on-equity or ROE increased to 57.7 per cent in the six-month period to June 2023, from 17.1 per cent as at June 20