Business

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

Africa’s private investments to hit $8.5bn in 2022 – Report

Private capital investments in Africa may hit record highs this year, reaching $8.5 billion, and higher for the next three years as money floods into

How marketers halted petrol import over costs as NNPC intervenes

Audit on 68m litres, others right step – Experts Rising crude oil prices, a volatile supply cost of Premium Motor Spirit (PMS) and a cap on petrol pri

23 Nigerians selected for Google startups black founders fund for Africa

23 Nigerian startups have been selected among the 60 candidates for the second cohort of Google for Startups Black Founders Fund (BFF) for Africa. Spe

FMN declares N2.15 dividend as shareholders demand bonus

Food and Agro-Allied Company, Flour Mills of Nigeria (FMN) Plc on Wednesday declared a dividend of N2.15k per ordinary share of 50kobo for the financi

Fidelity Bank to issue 3bn shares via Private Placement

Fidelity Bank Plc, has planned to sell 3.04 billion shares through a private placement and that the shareholders will vote on September 29, 2022 on th