Business

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

Petrol price increased by 54.76% in one year – NBS

The National Bureau of Statistics (NBS), says the average retail price of a litre of Petrol increased from N170.42 in February 2022 to N263.76 in Febr

TGI’s Terra unveils shrimp seasoning cube

Tropical General Investments (TGI) Group’s Terra has unveiled its shrimp seasoning cube made from locally sourced ingredients. A statement by the comp

Norrenberger completes takeover of interest in Infrastructure Bank

Norrenberger, an integrated financial services group, has taken over a controlling equity stake of 60 per cent in The Infrastructure Bank (TIB), havin

China, Nigeria trade deals dropped by N37bn in 1 year

The trade deal between China and Nigeria dropped by N37.3 billion or $81 million in 2022 from the previous record in 2021, just as both countries make

Train public servants to hasten economic dev’t — Aig-Imoukhuede

A former Managing Director of Access Bank and chairman of Aig-Imoukhuede Foundation, Mr Aigboje Aig-Imoukhuede has said one of the best ways to hasten