Business News
Business and economic news from Nigeria and around the world.
Nigeria’s crude oil export under threat as US increases oil output
There are reports that Nigeria’s crude oil exports are under pressure as the United States is flooding Europe market with...
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Nigerians in diaspora remitted US$22 billion in 2017
Nigerians in diaspora remitted a total of US$22bn back home in 2017. This is according to the World Bank Migration and...
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Abbey Mortgage bank Plc posts N297.9 million revenue in Q1 March 2018
Abbey Mortgage bank Plc has released its financial statements for the period ended Q1 March 31st 2018. Here are the...
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FAAC disbursed ₦647.39 billion for the month of March
The National Bureau of Statistics has released the Federal Account Allocation Committee for the month of March. The Federation Account Allocation...
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Truecaller records 100 million daily active users, 20% reside in Africa
Swedish call filtering service Truecaller has announced that it has reached over 100 million daily active users. According to the...
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Addax Petroleum issues ‘no work no pay’ letter to striking workers
The industrial action embarked upon by the senior staff of Addax petroleum has taken a new dimension as striking members...
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CWG Plc reveals new listing plans
The Chief Executive Officer, CWG Plc, Mr. James Agada has revealed plans by the company be listed on either New York,...
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Transcorp Nigeria Plc posts N5.9 billion pretax profit in Q1 March 2018
Transcorp Nigeria Plc has released its financial statements for the period ended Q1 March 31st 2018. Here are the highlights:...
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Dangote Cement appoints Cherie Blair and Mick Davies as Non-Executive Directors
Dangote Cement Plc, today announced the appointment of Cherie Blair and Mick Davies as Independent Non-Executive Directors of the company...
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Lafarge Africa Plc posts N80.6 billion revenue in Q1 March 2018
Lafarge Africa Plc has released its financial statements for the period ended Q1 March 31st 2018. Here are the highlights...
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