Business

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

GTCO reports half year profit of N75.3bn

Guaranty Trust Holding Company Plc (GTCO) has released its Audited Consolidated and Separate Financial Statements for the period ended June 30, 2022,

Power sector needs more manpower to enforce standards – NEMSA

The Nigerian Electricity Management Services Agency (NEMSA) has said more manpower is required to effectively enforce technical standards in the power

OPEC+ agrees on oil output cut

The OPEC+ oil cartel agreed Monday to cut production for the first time in more than a year as it seeks to lift prices that have tumbled due to recess

It’s shameful Nigeria still imports fuel, says Obaseki

The Edo State Governor, Godwin Obaseki, has described the continued importation of petroleum products into Nigeria, despite the country’s being

Despite increased revenue by manufacturers, cement price hovers over N4,000 per 50kgs

 Despite the launch of BUA’s 3 million metric tons cement plant in January, and the increase in revenue of the major cement manufacturers in the count