Business

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

Quest Merchant Bank meets N50bn recapitalisation threshold

As banks raise to complete the recapitalisation programme ahead of the deadline of March ending, Quest Merchant Bank Limited has successfully met the

NSDC, BOI float N10bn fund for greenfield projects

The National Sugar Development Council (NSDC) and the Bank of Industry (BOI) have established the Sugar Project Acceleration Fund (SPAF) as part of ef

Cape Town’s conference moves to boost intra-African $220bn trade

For decades, Africa has lagged in global trade despite the continent’s rich endowment with natural resources, home to more than 1.3 billion people and

New agencies won’t solve power crisis – Experts

Experts have cautioned the federal government against proliferation of agencies in the power sector, which they said won’t solve the perennial issue i

States reject removal of power subsidy, others from federation account

States governments under the Federal Account Allocation Committee (FAAC) Postmortem Sub-Committee have expressed concern on the growing scale of deduc