Business

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

Concerns over delay in aviation agencies’ boards’ composition

There is no end in sight to the delay over the constitution of governing boards of aviation agencies after the composition of that of the Nigerian Col

Currency in circulation hits N4.1trn in August

Currency in circulation has reached an all-time high of N4.1trillion as of August 2024, Data from the Central Bank of Nigeria (CBN) has shown. This is

World Bank approves fresh N2.4tr loan for Nigeria

The World Bank has announced the approval of $1.57 billion ( N2.4 trillion at N1601 to a dollar) to boost human capital in Nigeria through better heal

Credit to government surges by N11tr in one month

Credit to the government surged by over N11 trillion in the month of August 2024, as high interest rates make government securities more attractive to

UBA earnings hit N1.7trn, declares N2 interim dividend

The United Bank for Africa (UBA) Plc has announced an interim dividend of N2 per share for the first half of 2024 (H1 2024), as the bank’s gross earni