Business

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

FCMB Asset rebrands four mutual funds

FCMB Asset Management Limited (FCMBAM), the Asset Management arm of FCMB Group Plc, has received approval from the Securities and Exchange Commission

N500 pepper, tomatoes disappear from markets as prices skyrocket

The era of buying pepper for N500 is gradually disappearing across many markets as the prices of pepper and tomatoes continue to soar beyond the reach

Equities market gains N3.17trn as ASI crosses 250,000 mark

The equities market extended its bullish run on Monday as the All-Share Index (ASI) crossed the 250,000 point mark, with investors gaining over N3 tri

French embassy invests N1.2bn in varsities to plastic waste to wealth

The France Embassy in Nigeria, through the French Embassy Fund (FEF), has invested more than €750,000 (over N1.2 billion) to support research and inno

More divergent views over Chinese firms’ pact on Warri, PHC refineries

Stakeholders in Nigeria’s oil and gas sector are divided over a recent agreement between the Nigerian National Petroleum Company Limited (Nigerian Nat