Business

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

FCMB Group records N26.5bn profit in 9 months

FCMB Group Plc has sustained its financial performance across all indicators, achieving a 68.4% year-on-year growth in profit before tax of N26.5 bill

Oil theft, petrol subsidy, tax evasion account for debt burden – DMO

The Director-General of the Debt Management Office (DMO), Ms Patience Oniha has disclosed that the current revenue problem in the country is compounde

Northern businesses attracted N125bn DBN loans in 2021 – Report

Businesses situated in northern Nigeria got loans worth N125 billion, an equivalent of 25 per cent of all loan disbursement portfolios by the Developm

What to expect from Finance Act 2022

It is no longer news that Nigeria’s fiscal space is in need of fundamental changes to engender a healthy balance between government revenue and expend

Reps probe ports operators over $800m owed Lagos

The House of Representatives Public Accounts Committee (PAC) has revealed that it will hold an investigative hearing with port operators who are alleg