Business

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

Jaiz Halal recertifies Malta Guinness

Guinness Nigeria Plc has confirmed that its non-alcoholic malt drink, Malta Guinness, has been recertified by Jaiz International Halal Certification L

Conoil to pay shareholders 250k/share dividend

Conoil Plc, Nigerian a petroleum exploration and production company, on Monday announced a final dividend of 250 kobo per share for the year ended on

Sterling Bank to change name

Shareholders have approved the conversion of Sterling Bank Plc from core banking business to a holding company. The move, experts said, will allow the

IMF seek unified exchange rate for Nigeria

The International Monetary Fund (IMF) has recommended a unified exchange rate to strengthen Nigeria’s macro economy and external reserves. IMF Represe

Power grid collapses to zero, restored after hours

The relative improvement in power supply was interrupted yesterday after the national grid crashed to zero megawatts (MW) at 10:51 am, causing a natio