Business

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

JAIZ Takaful grows premium by 93%, pays N301m claims

Jaiz Takaful Insurance Limited has recorded a gross premium contribution of N1.8 billion in the 2021 financial year, representing a 93% increase from

Reps investigate $2.4 billion loss from alleged illegal sales of 48m barrels of crude oil

The House of Representatives is set to investigate the whistleblower`s allegations of the illegal sale of 48 million barrels of Nigeria’s Bonny Light

N243bn generated from 5G auction – Buhari

President Muhammadu Buhari has said auctioning of the 5G spectrum alone generated $547 million  (N243 billion at N445/$), thereby providing more optio

Oil production climbs to 1.6m barrels daily – Sylva

Crude oil production has maintained its incremental output as it hits a new mark of 1.6 million barrels per day (bpd), according to the Minister of St

US Chamber of commerce to support Africa’s digital transformation with new investment

The United States Chamber of Commerce has announced the release of a white paper on recommendations to support the new digital transformation of Afric