Business

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

OPEC+ cuts oil production by 2m bpd, sells for $92

The 20 countries making the OPEC+ group met in Vienna on Wednesday at its 33rd OPEC and non-OPEC meeting and agreed to slightly cut oil production by

Buhari appoints Adepoju as NIPOST Postmaster General

President Muhammadu Buhari has approved the appointment of Sunday Adeyemi Adepoju as the new Postmaster General/Chief Executive Officer (PMG), for the

Geregu first power firm on NGX, lists 2.5bn shares

Nigerian Exchange Limited (NGX) yesterday announced the listing and the introduction of Geregu Power Plc (GEREGU) on the Main Board of the Exchange. W

Customs recovers N107m from undervalued cargoes

The Federal Operations Unit, Zone A of the Nigeria Customs Service, yesterday said it recovered N107.82 million from undervalued cargoes in September

Access Bank targets majority shares in Angolan bank

Access Holdings Plc has said its Access Bank subsidiary has signed a binding agreement with Montepio Holding to acquire a 51 per cent majority shareho