Business

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

How Zenith grew interest income to N540bn in 2022

Zenith Bank Plc on Tuesday released its 2022FY audited numbers which indicate that the group’s interest income grew by 26.3% year on year to NGN540.17

NNPC to raise crude reserve to 50bn barrels, explores Nasarawa oilfield

The Nigerian National Petroleum Company Limited (NNPCL) is raising crude oil reserves to 50 billion barrels from the current 37 billion as it begins e

Pressure mounts over airlines’ trapped $740m as cargo volumes dip

There’s mounting pressure over the trapped $743m belonging to foreign airlines as the issue is taking its toll on cargo volumes coming to Nigeria, Dai

Onne Customs rakes in N54.9bn

The Controller, Area 2 Command of the Nigeria Customs Service, Onne, Rivers State, Comptroller Baba Imam, has said the command generated N54.9bn reven

Railway loan: Reps approve China Development Bank as new financier

The House of Representatives has approved China Development Bank, as the new financier for the $973.4 billion project financing loan under the Federal