Business

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

Private capital slowdown in Africa mirrors global investment trends

The African Private Capital Association (AVCA) in its new report, found that Africa’s total private capital deal volume declined for the first time si

Transcorp hotels post N41bn revenue in 2023

Transcorp Hotels Plc. has released its audited 2023 full-year results, showing an improved performance and with total revenue of N41.5 billion in 2023

IDP IELTS opens Abuja test centre

The IDP IELTS has expanded its operations to the city of Abuja with a new test centre that offers IELTS on paper and computer. The centre which was op

States having 62 taxes not sustainable – CITN president

President of the Chartered Institute of Taxation of Nigeria (CITN), Samuel Agbeluyi, yesterday declared that the multiplicity of taxes is not sustaina

Banks require N4trn inflow to meet CBN’s recapitalisation – Augusto & Co.

A credit ratings agency, Agusto and Co., have estimated that Nigerian banks may require up to N4 trillion to meet the new Central Bank of Nigeria capi