Business

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

Elumelu calls for complete power sector privatisation

The Chairman of Translational Group (Transcorp) Plc., Tony Elumelu, has called for the total privatisation of the power sector to improve efficiency a

SEC to issue framework on recapitalisation soon – Ag. DG

The Securities and Exchange Commission has said that it will soon issue a framework that will guide the capital market in the proposed recapitalisatio

NAHCO grows revenue by 70%, targets N100bn in 5 years

The Nigerian Aviation Handling Company (NAHCO) Plc grew its revenue to N28.4 billion in the 2023 financial year performance, an increase from N16.7 bi

Commendation as Buari retires from CBN

The Director of Strategy Management Department of the Central Bank of Nigeria (CBN) Clement Oluwaranti Buari has received commendation from the apex b

UBA announces over N2trn revenue, N607.69bn profit

The United Bank for Africa (UBA) has announced a 143 per cent increase in its gross revenue to N2.08 trillion for the 2023 financial year, making it t