Business

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

Nestle shareholders laud N61.50 dividend

Nestlé Nigeria Plc has restated its commitment to boosting local capacity by working with local suppliers and using raw materials locally sourced in t

NEMSA scores 87% on performance with SGF assessment

The Nigerian Electricity Management Services Agency (NEMSA) has scored 87 per cent in a performance assessment by the Bureau of Public Service Reforms

‘Nigeria accounts for 75% of 15.5m registered vehicles in W/Africa’

Out of 15,507,000 registered vehicles in West Africa, Nigeria accounts for 11,869,800 vehicles or 75 per cent, it has been observed. The chairman of t

Toyota by CFAO: Breaking TNL’s monopoly?

The nation’s automobile sector last week witnessed a major reconfiguration with the unveiling of the distributorship of Toyota brands by CFAO Motors.

FG, Nile varsity sign MoU on Aviation varsity take off

The federal government on Wednesday, May 16, 2023 signed a memorandum of understanding with Nile University of Nigeria for the take-off of the African