Business

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

UBA gross N119bn profit in 2021

United Bank for Africa (UBA) Plc, has released its audited results for the full year ended December 31, 2021, reporting a Profit After Tax of N118.7 b

TCN scale up Egbin substation with 132/33 KV transformer

Transmission Company of Nigeria (TCN) said it has boosted its Egbin  330/132/33kV Transmission Substation with the installation of a 60MVA 132/33kV po

Kano dry port at 80% completion – Shippers Council

The Nigerian Shipper’s Council (NSC) has revealed that the Dala Inland Dry Port in Kano State is at 80 per cent completion stage, saying the final ass

Dangote refinery will fix Nigeria’s oil volatility – Mansur

Dangote Group’s Executive Director and President of Manufacturing Association of Nigeria (MAN), Engr Mansur Ahmed, has assured Nigerians that the upco

GTCO reports N175bn profit in 2021

Guaranty Trust Holding Co (GTCO) Plc has released its first Full-Year (FY) financial result as a group, which revealed a profit of N175 billion in 202