Business

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

Sugar tax threatens manufacturing sector — CPPE

The Centre for the Promotion of Private Enterprises (CPPE) yesterday warned that the introduction of a sugar tax on sugar-sweetened non-alcoholic beve

Road to bigger banks: 7 lenders may scale down licences

Nigeria’s banking sector is entering a decisive phase as the Central Bank of Nigeria (CBN) pushes ahead with its comprehensive recapitalisation progra

We are exploring ways to reduce borrowing — Finance minister

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has revealed that the Federal Government is committed to reducing its relianc

Seplat achieves first gas at 300mmscfd ANOH plant

Seplat Energy Plc yesterday disclosed that the 300 MMscfd ANOH gas project has achieved its first gas. Following completion of the 11km Indorama gas e

SUNU Group reaffirms growth, recapitalisation drive

SUNU Group has reaffirmed its commitment to expansion, financial strength and healthcare leadership across Africa, as the pan-African insurance group