Business

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

SEC backs bill seeking 10yrs jail for ponzi schemers

The Director General, Securities and Exchange Commission (SEC), Lamido A. Yuguda, has disclosed that the overhaul of the operations and structure of N

Nigeria’s debt profile rises to N42.84trn – DMO

The Debt Management Office (DMO) has stated that Nigeria’s debt profile has risen by N1.24 trillion and reaching N42.84trn as of June 2022. The DMO in

Islamic finance sector to grow in crypto, others – Report

New research with leading Islamic finance professionals has revealed growing acceptance of crypto and digital assets, and rising interest in virtual r

TAJ Bank Commences N10bn 15% Series 1 Sukuk Issuance

TAJ Bank, a non-interest lender, has announced the commencement of its N10 billion 15 percent Series 1 Sukuk issuance programme, which runs from Tuesd

SNEPCo to shut down 200,000 bpd Bonga vessel for maintenance

Shell Nigeria Exploration, and Production Company Limited (SNEPCo) has announced that its 200,000 barrels per day capacity Bonga Floating Production S