Business

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

$1.5bn rehab: P/H refinery ready for operation April 2023 – Sylva

The Minister of State for Petroleum Resources, Chief Timipre Sylva, has said the rehabilitation work for the Port Harcourt refinery will be completed

Union Bank reports N175bn gross earnings in 2021

Union Bank has released its audited financial statements for the year ended 31st December 2021, reporting 8.9% growth in gross earnings from N161bn in

SON kick starts regulation of conformity assessment practice in Nigeria

The Standards Organisation of Nigeria (SON) has commenced the regulation of conformity assessment practices in Nigeria. This according to SON, is in l

Tin-Can Island customs generated N135bn in 3 months

The Tin-Can Island Command of the Nigeria Customs Service, yesterday said it generated N135.443 billion in the first quarter of 2022. The amount repre

IFC offers N20.8bn loan to finance 2 bus corridors in Lagos

The International Finance Corporation (IFC), a member of the World Bank Group, has partnered the Lagos State Government to support the development of