Business

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

TGMO debuts in Nigeria for Toyota users, others

For the first time in the history of Toyota Motors in Nigeria, the Toyota Genuine Motor Oil (TGMO) has entered into the Nigerian market. The TGMO manu

FCCPC orders Google to delete Swiftcash, Easynaira, 16 other loan apps

The Federal Competition and Consumer Protection Commission (FCCPC) said it has issued an order asking Google to immediately delete Swiftcash, Easynair

CBN to reps: fx request for PMS imports has dropped

The Central Bank of Nigeria (CBN) has stated that the removal of subsidy coupled with the dynamics in the international oil market has reduced the dem

Devaluation: Nigerian firms book N716.8bn FX losses

Major companies quoted on the Nigerian stock exchange have reported a cumulative N716.8 billion in FX losses as a result of the devaluation of the Nig

FCMB Group reports 148% profit growth

The FCMB Group Plc has recorded positive financial performance across key indicators with a 148% growth in profit before tax of N38.2 billion from Jan