Business

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

Flour Mills recorded N41bn profit in 2021

Flour Mills of Nigeria Plc (FMN) has said it recorded N41 billion profit in the 2021/2022 financial year before tax which is 11 per cent increase year

NDE disburses N11.5m loan to 238 traders, others in Borno

The National Directorate of Employment (NDE) has commenced disbursement of N11.5 million loans to 238 selected petty traders, graduates and retirees t

NiMet installs detectors at Abuja airport, others

The Nigerian Meteorological Agency (NiMet) will today install lightning and thunderstorm early detectors at the Nnamdi Azikiwe International Airport A

Neveah records N3.5bn from commercial paper subscription

Commodities export company, Neveah Limited, has announced the quotation of its Series 3 Commercial Papers (CP) Issue on the FMDQ exchange. The offer o

Why meters go through tests before approval – NEMSA

The Nigerian Electricity Management Services Agency (NEMSA) has said that electricity meters produced in the country or imported do undergo three leve