Business

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

34 states can’t fund expenditures with IGR -BudgiT

With the exception of Lagos and Rivers states, the remaining 34 states of the federation cannot fund their budgets and other expenditures with their i

Seplat Energy’s revenue hits N1.071trn in 9 months, declares $9.6 cent dividend

Seplat Energy PLC, a leading Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, yesterday release

BoI opens portal for FG’s N75bn MSME Fund

The Bank of Industry (BoI) has announced the opening of its application portal for those seeking to benefit from the federal government’s N75 billion

Transcorp Group records 133% revenue growth, 303% surge in PBT

Transnational Corporation Plc (Transcorp Group), one of Nigeria’s leading listed conglomerates, has reported its financial results for the third quart

Nigeria expands local refining with new licenses, 4 modular refineries

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) yesterday gave an update on Nigeria’s local refining capacity, saying th