Business

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

Experts speak as FG tightens grip on Binance

The issue between the Federal Government of Nigeria and a crypto currency exchange platform, Binance, will not negatively impact Nigeria’s econo

Dangote Cement reports N455.6bn profit

A profit after tax of N455.58 billion for the financial year ended December 2023 has been reported by Dangote Cement Plc. This represents a 19.7% incr

Savannah Bank re-licensed for operation, not liquidated – NDIC

The Nigeria Deposit Insurance Corporation (NDIC) has disclosed that Savannah Bank, one of the Nigerians’ oldest banks, has not been liquidated.

We are being targeted unnecessarily – Abuja BDC operators

Bureau de Change (BDC) operators in the popular Zone 4 business area of Abuja have been operating partially. Daily Trust had reported how the Federal

MTN Nigeria incurs N740bn forex losses

A loss before tax of N177.8 billion has been reported by MTN Nigeria Plc. Since it became a quoted company in Nigeria, this is the company’s first-eve