Business

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

FG to verify PHCN ex-staff for 16 months’ severance pay

The Bureau of Public Enterprises (BPE) is set to commence a verification exercise for the payment of the agreed 16-month severance benefits to the bon

Only 57.4m Nigerians have BVN – CBN

The Central Bank of Nigeria (CBN) has said out of over 200 million Nigerians, only 57.4 million possess Bank Verification Number (BVN). The apex bank

Reps halt $700m cabotage fund disbursement, summons NIMASA DG

The House of Representatives has directed the Nigerian Maritime Administration and Safety Agency (NIMASA) to stop the planned disbursement of the $700

Zenith Bank pays N100.47bn dividend

Shareholders of Zenith Bank, Tuesday, approved the proposed final dividend payment of N2.90 per share at the 32nd Annual General Meeting (AGM) in Lago

SunTrust bank declares N1.5bn profit for 2022

SunTrust Bank Nigeria Limited has declared a Profit Before Tax (PBT) of N1.5 billion for the year ended December 31st 2022. This is contained in the b