Business

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

Seplat returns to profitability, reports N182bn in 9 months

Seplat Energy Plc, has reported 18.72 percent year-on-year growth in revenue for the nine months ending September 30, 2021, to $460.4..

Dangote refinery, others to drive fuel supply – Kyari

The 650,000 barrels per day (bpd) Dangote Petroleum Refinery, Nigerian National Petroleum Corporation (NNPC) as well as other modular…

Why insurance growth is stunted in Africa – CEO, NEM Insurance

Mr. Tope Smart, is the group managing director/CEO, NEM Insurance Plc and president, African Insurers Association (AIO). In this interview…

Wema records 135.8% profit growth in Q3

Wema Bank  PLC has announced its unaudited nine-month 2021 financial results which indicate an increase of 135.8 per cent in Profit Before Tax (PBT) t

CBN unveils criteria to pick firms for ‘100 for 100 PPP’ initiative

The Central Bank of Nigeria (CBN) has released its selection criteria for private sector companies’ participation under its’ “100 for 100 Policy on Pr