Business

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

Brokers counsel Nigerians on forex trading

Nigerians have been urged to acquire proper education and information before engaging in foreign exchange (Forex) trading so as not to lose their reso

Nestle Nigeria declares N25.50 dividend to shareholders

Food and Beverage Company, Nestle Nigeria Plc. has declared a dividend of N25.50k per ordinary share for the financial year which ended on December 31

Will Nigeria go the way of Sri Lanka to default on Eurobonds?

Sri Lanka, formerly called Ceylon, has become the new poster child of a sovereign debt default. Until Russia technically fell into the same mess (alth

How 5yrs leadership crisis has stranded Abuja Investment Company

There seems to be no end in sight to the spate of management crises that have dogged the Abuja Investment Company (AICL) since 2017, a recent investig

Nigeria issues 87 marginal oil field licences in 23 years – Sylva

The federal government has issued Petroleum Prospecting Licences (PPL) for 87 marginal oil fields in 23 years, the Minister of State Petroleum Resourc