Business News
Business and economic news from Nigeria and around the world.
Neimeth Plc is out of the woods
Neimeth International Pharmaceuticals Plc has recommended that the sum of N86,325,333.00 being part of the sum standing to the credit of...
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FG records shortfall on Budgets, says Akabueze
The Nigerian Government is struggling to execute the 2018 budget due to lack of funds even as its budgeted Independent Revenue...
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Details of President Buhari’s N8.83 trillion 2019 budget
President Muhammadu Buhari has presented an N8.8trn budget for 2019. According to the President, who gave the figure during the...
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Nigeria’s unemployment rate hits all time high since 2014
The Nigerian Bureau of Statistics, NBS, has finally released the much anticipated unemployment report in the country, with the number...
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May & Baker Plc says it could pay dividends despite difficult year
May & Baker Plc said it has the capacity to pay dividends to its shareholders despite the difficulty it has...
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Access Bank to raise $200 million through rights issue
Access Bank will embark on a $200 million fund raising exercise to keep its capital well above the regulatory requirements.
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Morison Industries Plc appoints Deji Mustapha as Acting MD
Deji Mustapha's appointed Morison boss
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Sterling Bank set to host #EatDrinkFestival this December
Tier-two lender Sterling Bank in partnership with popular food blog Eat Drink Lagos will be organizing a 2-day food festival. The...
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Judge’s reasons for convicting ENI and Shell middlemen could help Nigeria’s case
A judge in Italy have highlighted the reasons for convicting Mr Emeka Obi and Gianluca Di Nardo, both middlemen to Shell and...
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Why ex-Skye Bank officials may bag jail term
Court admits ex-Skye Bank Chairman, MD to bail
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