Business

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

UBA grows profit to N804bn in 2024

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its audited financial results for the full year ended December 31, 2024, showing

5.7km PH road nears completion- Julius Berger

The contractor handling the ongoing 5.7km three-lane carriageway of Port Harcourt road in Aba, Julius Berger has said the project would soon be comple

Naira-for-crude policy threatens exchange rate stability – DAPPMAN

  Petroleum marketers under the umbrella of Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) yesterday said the Naira-for-

Benue approves N149.5bn for infrastructure projects

The Benue State Executive Council has approved N149.5 billion for critical infrastructure projects aimed at boosting the state’s economy and enhancing

Why Shell’s $2.4bn assets’ sale to Renaissance is generating row

In October 2024, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) approved Seplat Energy’s purchase of Exxon Mobil’s onshore assets value