Business

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

Nigeria’s external balance to improve as oil receipts normalise – Sigma

Sigma Pensions has predicted that improved oil output would upturn Nigeria’s external balance through 2022. This was disclosed in a recent report by S

Mixed reactions as FAAN nabs 90 over illegal activities at Lagos, Abuja airports

The Federal Airports Authority of Nigeria (FAAN) has arrested over 90 touts as part of its drive to rid the nation’s airports of touting and extortion

Meristem campaign harps on transferring wealth to generations

Meristem Securities Limited, a foremost financial service provider, has unveiled a new TV Commercial – Grow. Preserve. Transfer, aimed at ramping up a

504MW Alaoji GenCo shuts down over Total gas pipeline vandalism

The 504 megawatts (MW) Alaoji NIPP power plant has shut down over cut in gas supply after TotalEnergies EP Nigeria Limited gas pipeline was vandalised

Shareholders divided as banks incur N211.63bn AMCON charges

Shareholders groups have expressed mixed reactions over the continued debit of banks’ books in compliance with the Asset Management Corporation of Nig