Business

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

Transcorp GCEO laments gas shortage in power sector

The President and Group Chief Executive Officer of Transcorp Group, Owen Omogaifo said that inadequate gas supply has been a major challenge in the po

We have built 15,000 homes for low income earners – FHF

The Board Chairman of Family Homes Funds (FHF), Alhaji Suleiman Barau, has said the Funds has built over 15,000 homes in four years for families on lo

UBA Appoints Abiola Bawuah First Female CEO For Africa Operations

The United Bank for Africa Plc has appointed Mrs. Abiola Bawuah as Chief Executive Officer (CEO) of UBA Africa. Bawuah will also join the Group Board

Nigeria’s Eurobonds fall after Moody’s Downgrade

Nigeria’s Eurobonds fell on Monday after Moody’s, the international rating agency, downgraded the country’s long-term foreign currency and local

Mixed reactions as CBN extends naira deadline to Feb. 17

Mixed reactions have trailed the Central Bank of Nigeria (CBN) extension of the deadline for the swap of old naira notes in commercial banks till Febr