Business

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

Recapitalisation: Investors inject N75bn into Sterling HoldCo

As part of its drive to meet the Central Bank of Nigeria (CBN’s) recapitalisation requirements, investors of Sterling Financial Holdings Company PLC h

Jaiz wins 2024 Global Most Promising Islamic Bank Award

Jaiz Bank, Nigeria’s pioneer Non-Interest Bank, has emerged the global Most Promising Islamic Bank in 2024. The Global Islamic Finance Awards (GIFA) y

Why Nigeria’s tax system is undergoing significant reforms – FIRS

The Chairman of the Federal Inland Revenue Service (FIRS), Dr Zaach Adedeji, yesterday explained that Nigeria’s tax system reforms are driven by the n

Digital economy GDP contribution surpasses oil, hits 14.8% in Q1 2024 – AfriDES

Nigeria’s digital economy’s contribution to the nation’s Gross Domestic Product (GDP) surpassed the oil sector as a primary driver of the GDP, contrib

Abandoned Dangote’s 1,200km gas pipeline business decision – Petroleum ministry

The Ministry of Petroleum Resources (Gas) has said government policy was not responsible for the decision by the Dangote Group to abandon the proposed