Business

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

Retirement planning – Investment options (II)

Last week we defined what a private investment plan is and also introduced investment principles and the two broad types of investments. We need to kn

Naira makes fresh 7.2% gains against dollar

The Naira on Friday experienced huge appreciation at the official market, trading at N1,142.38 to the dollar. Data from the official trading platform

Why we excluded retained earnings from bank’s capitalization – CBN

The Central Bank of Nigeria (CBN) has explained that the rationale for exclusion of retained earnings by banks is targeted at injecting fresh capital

Zenith Bank grows earnings by 125% to N2.132tln in 2023

Zenith Bank Plc yesterday released its audited results for the year ended December 31, 2023, growing its earnings from NGN945.6 billion reported in 20

20hrs supply: DisCos post 37 apologies to Band A customers in 1 week

A week after the Nigerian Electricity Regulatory Commission (NERC) increased electricity tariff for Band A customers to N225 per kilowatt hour from N6