Business

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

Union Bank records N30.2bn gross profit for 2022

Union Bank of Nigeria Plc. has recorded a N30.2 billion growth in profit before tax for the 2022 financial year, from N20.5bn posted in 2021. Accordin

ITF, German coy to deepen skills, apprenticeship

The Industrial Training Fund (ITF) will soon sign a Memorandum of Understanding (MoU) with a German firm, Rhode and Schwartz, to boost its Model Skill

FG, states, LGAs share N714.6bn revenue for March

The federal, state and local governments have collectively received N714.629 billion as revenue for March 2023. This was contained in a communiqué iss

‘Why FG launched domestic trade house in China’

The Permanent Secretary, Ministry of Industry, Trade and Investment, Dr Evelyn Ngige, has said the federal government recently launched the domestic t

‘Startup Act to enable vibrant digital economies’

An official of the Nigeria Startup Act (NSA) 2022 has said the project is aimed at supporting and guiding states to create and adopt the NSA to suppor