Business

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

Reps probe 25 insurance firms over alleged financial infractions

The House of Representatives Sub-Committee on Capital Market and Institutions has commenced a probe of 25 insurance companies over alleged financial i

‘Closing gender gaps could add $229bn to Nigeria’s GDP’

The Chartered Institute of Directors Nigeria (CIoD) has inducted 400 new members into the institute even as Directors and Chief Executives of companie

Air Peace begins Abuja-London Heathrow flight October

Air Peace has concluded plans to commence its Abuja-London Heathrow operations with the commencement of ticket sales. In a press release by the airlin

NNPCL records N4.571tr revenue in June

The Nigerian National Petroleum Company Limited (NNPCL) has announced a profit of N4.571tr in June. The company in its June report said it made N905bn

BUA cement to increase production to 20mtric tons

BUA Cement has announced plans to expand its production to 20 million metric tons with the establishment of a 3million metric tons processing plant in