Business

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

FG commissions new injection substation in Borno

Vice President Kashim Shettima has commissioned a new 1×7.5MVA 33kV/11kV distribution injection substation at Borno State University, a project e

Afreximbank rejects Fitch’s negative rating, clarifies debt restructuring

The African Export-Import Bank (Afreximbank) has rejected the recent assessment by global ratings agency Fitch, insisting that it is in a strong finan

Maritime Bank secures $150m financing for Nigeria’s Shipyard

The Regional Maritime Development Bank (RMDB), a leading financial institution, has successfully secured a $150 million (about N240 billion) financing

Benue adopts first power sector policy – Commissioner

The Benue State government said it has developed and adopted a comprehensive power sector policy aimed at guiding energy development and extending ele

SEC asks firms to honour unclaimed dividend requests

The Securities and Exchange Commission has directed all public companies and registrars to stop treating unclaimed dividends older than 12 years as “s