Business

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

Wema Bank, SMEDAN sign MoU to lift 800,000 businesses

Wema Bank has signed a Memorandum of Understanding (MoU) with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to empower 800,0

Reps begin probe of oil coys over N9.4trn debts

The House of Representatives has launched a probe into outstanding debts totaling N9.4 trillion owed the Federation Accounts by several oil companies.

Lagos targets 400,000 CNG vehicles by 2028

The Lagos State government has disclosed its plan to convert 400,000 Premium Motor Spirit (PMS) vehicles to Compressed Natural Gas (CNG) before 2028.

NGX 2024 profit surges to N13.6bn, okays N4.4bn dividend

Nigerian Exchange Group Plc (NGX Group or the Company) has announced its audited financial results for the year ended 31 December 2024, delivering a r

Insecurity crippling Africa’s industrial output, driving away investors – PAMA

The Pan-African Manufacturers Association (PAMA) has expressed worry that conflicts and insecurity across African countries are crippling industrial o