Business

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

eNaira: CBN woos traders

The Central Bank of Nigeria, CBN has urged traders to embrace the eNaira as a means of transaction that is safe and efficient. The apex bank, which di

Transcorp records N5bn profit in 3 months

Transnational Corporation Plc (Transcorp Group) has recorded a N5 billion net profit for the first three months of this year. According to the unaudit

As DisCos raise tariffs, residential users pay more

Residential electricity users across the 11 Distribution Companies (DisCos) have been paying more for electricity since February this year after they

Vet financial transactions relating to Benin Republic, CBN warn banks

 The Central Bank of Nigeria (CBN) has charged commercial banks to carry out due diligence on transactions relating to Benin Republic as the country i

Elon Musk expected to serve as temporary Twitter CEO

Elon Musk is expected to serve as a temporary CEO of Twitter for a few months after he completes his $44 billion takeover of the social media company.