Business

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

Moody’s downgrades rating for Zenith, 8 Nigerian banks

Moody’s Investors Service has downgraded Zenith and eight other Nigerian banks that it rates, saying the action followed its downward review of Nigeri

Naira scarcity: Hardship lingers as businesses, travels suffer

Online transactions fail Chaos at banks; customers fight There seems to be no end in sight yet to the hardship the banking public is passing through o

Spectranet appoints New CEO

Spectranet has appointed Mr. Maneesh Kulshrestha as its new Chief Executive Officer.  Maneesh joins Spectranet as a visionary and transformative leade

Moody’s downgrades 9 Nigerian Banks

Moody’s Investors Service has downgraded all the 9 Nigerian banks that it rates, saying the action follows from its downward review of Nigeria’s ratin

NNPC takes over 4 oil wells from Addax

The Nigerian National Petroleum Company Ltd (NNPC) said it has taken over the operation of the Production Sharing Contract (PSC) for four oil wells fr