Business

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

Coronation rates Stanbic high after growing six months profit

Coronation Research rated IBTC Bank a ‘Buy’ on Wednesday after the lender reported pre-tax profit growth of 61.8 per cent year-on-year for the six mon

DisCos record N777bn collection in Q1, fault restructuring

The electricity Distribution Companies (DisCos) have established a new revenue collection milestone of N777 billion in the first quarter of 2022 just

FG, states, LGs share N954bn revenue for July

The Federation Account Allocation Committee (FAAC) has shared N954.085 billion to the three tiers of government as revenue for the month of July, 2022

FG woos stakeholders on weights, measures act

The federal government, through the Ministry of Industry, Trade and Investment, has sought the cooperation and stakeholders’ support on the move to re

NBS to begin release of unemployment data quarterly

The National Bureau of Statistics (NBS) has said that report on labour force survey will now be conducted and released on quarterly basis. Statisticia