Business News
Business and economic news from Nigeria and around the world.
P&G appoints new Managing Director for Nigeria
Adil Farhat gets new role at P&G.
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CBN gives reasons for revoking Skye Bank’s License
More facts have emerged on why the Central Bank of Nigeria revoked the operating license of the now defunct Skye...
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CBN takes over Skye Bank, announces a new name
The Central Bank of Nigeria (CBN) has revoked the operating license of Skye Bank Plc with immediate effect.
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NNPC reacts to $470.5 million seizure by Police
NNPC has reacted to reports of seizure of $470.5 million allegedly belonging to the corporation in some commercial banks.
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Berger Paints Nigeria Plc appoints new Company Secretary
Ayokunle Ayoko gets Berger Paints Nigeria Plc appointment.
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FG seeks to crash price of locally produced rice
FG wants local rice farmers to reduce price of locally produced rice.
Read moreDetailsPolice recover $470.5 million belonging to NNPC’s Brass LNG
The Nigerian Police Force announced it has traced $470.5 million belonging to NNPC Brass LNG.
Read moreDetailsNNPC records 46% surge in trading surplus
NNPC has consolidated on its operational performance with a trading surplus of ₦17.16bn.
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EFG Hermes eyeing further expansion In Nigeria
EFG Hermes was founded in 1984, and currently operates in the United Arab Emirates, Saudi Arabia, Jordan, Kuwait, Omar, and...
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Italian Court jails Nigerian, one other over Malabu oil deal
An Italian Judge has sentenced two middlemen found guilty of corruption offences relating to Shell and Eni.
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