Business

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

NGX Weekly: Investors lose N103bn as insurance, banking stocks decline

The NGX Insurance Index led the losers during the Sallah holiday-shortened week, falling by 1.32 per cent week-on-week. This contributed to a 0.18 per

FAAN set up task force to end touting, extortion at airports

The Federal Airports Authority of Nigeria (FAAN) on Saturday said it had set up a task force to eliminate touting, extortion and illicit activities at

SEC Issues Framework On Banking Sector Recapitalisation

In a bid to support the Central Bank of Nigeria’s recapitalisation programme towards achieving the targeted objectives, the Securities and Exchange Co

NNPC, TotalEnergies JV announce $550m Ubeta Field dev’t project

In a major step towards boosting Nigeria’s oil and gas production, the NNPC and TotalEnergies JV have officially announced a 550 million USD Final Inv

First Bank confirms Alebiosu’s appointment as MD, Ini Ebong DMD

The First Bank of Nigeria Limited has confirmed the appointment of Olusegun Alebiosu as its substantive Managing Director/Chief Executive Officer.   A