Business

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

Reps to dissolve, reconstitute joint downstream/midstream adhoc c’tee

Barring any last-minute change, the House of Representative will dissolve the Joint Adhoc Committee on Downstream/Midstream. The House spokesperson, A

Cornerstone Insurance declares N2.9bn dividend payment for 2023

Cornerstone Insurance Plc, a provider of risk management services, has declared a final dividend of N2.906 billion for its shareholders at the rate of

Kaduna collates debt of electricity distribution coy

The Kaduna State Internal Revenue Service has requested the state’s Ministries, Departments and Agencies (MDA’s) to forward all outstanding non-tax li

Mutual fund assets above N2trn in Nigeria – Banu

Mr Ahmed Olaitan Banu, the Managing Director of STL Assets Management, in this interview with the Daily Trust, gives an oversight into the mutual fund

CBN introduces Dutch auction system to tackle forex shortages

The Central Bank of Nigeria (CBN) has announced a strategic initiative through a Retail Dutch Auction System (DAS) that will address the volatility in