Business

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

Court directs CAC to register Julius Berger as sole shareholder of Primetech

A Federal High Court in Abuja has ordered the Corporate Affairs Commission (CAC) to register Julius Berger Construction Company as the sole shareholde

Seplat posts N244bn half year pre-tax profit

Seplat Energy Plc has posted a pre-tax profit of N244 billion for the half year ended June 30, 2024 which indicated an increase of 461 per cent from N

Zenith Bank set to raise N290bn capital

Zenith Bank Plc has concluded plans to raise N290 billion through a combination of a Rights Issue and a Public Offer in compliance with the revised mi

Customs surpasses half year revenue target, rakes in N2.74trn

The Nigeria Customs Service (NCS) has said that it surpassed its revenue target for the first half of 2024, raking in a total revenue of N2.74 trillio

Why CBN wants to take over dormant account balances from banks

The management of the Central Bank of Nigeria (CBN), last week introduced another major policy, “Unclaimed Balances Trust Fund (UBTF) Pool Account,” w