Business

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

FRC vows penalties for breach of governance codes, reporting standards

The Executive Secretary/Chief Executive, Financial Reporting Council (FRC) of Nigeria, Dr Rabiu Olowo, has said the council will hold any accounting p

STL Trustees, Asset Management partner Lagos to empower 125 women

In an initiative to mark International Women’s Day 2024, STL Trustees and STL Asset Management have joined forces with the Lagos State Ministry of Wom

Dangote Sugar ends 2023 with N108.9bn loss

Dangote Sugar Refinery Plc has reported a loss before tax of N108.92 billion compared to a pre-tax profit of N82.3 billion a year earlier.  The compan

First Bank reiterates support to businesses for economic growth

First Bank of Nigeria Plc has reiterated its commitment to supporting businesses through various initiatives and providing financial solutions for a t

Africa’s share of global trade remains under 3% despite AfCFTA – Report

A report by the Economic Commission for Africa (ECA) Africa’s has stated that contribution to global trade remains at less than 3%. The report on asse