Business

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

Oil refinery investor supports FG’s subsidy removal

  African Refinery Port Harcourt Limited, NNPC’s Joint Venture Partner in the 100,000 barrels per day refinery currently being developed within t

5G tech to generate 22.3m jobs, yield $13.2trn in global economy – NCC

The Nigerian Communications Commission (NCC) has said the deployment of 5G technology services will result in $13.2 trillion in global economic value

Myths, facts, benefits of fuel subsidy removal

The fact that President Tinubu is prepared to make some big and important economic decisions is one thing that became abundantly obvious in Week One.

First Bank posts N48bn profit in Q1

First Bank’s first quarter result has seen them record a profit after tax growth of 54.8%, to N48 billion from N31bn, in the same period in 2022. Furt

NAHCO explains 63% growth in revenue, sees increased cargo rates

  The foremost ground handling firm, Nigerian Aviation Handling Company Plc (NAHCO), has recorded a profit before tax (PBT) of N3.8 billion for t