Latest news on business in Nigeria – Page 5 of 28

NGX Suspends Trading In Unity Bank, Guinea Insurance, 6 Other Companies’ Shares

NGX Suspends Trading In Unity Bank, 7 Other Companies’ Shares

NGX Group has suspended trading in the shares of Unity Bank, Guinea Insurance, and six other companies for non-compliance with filing requirements for 2023. Other firms affected by the suspension include C&I

Victor Ezeja

July 9, 2024

Business·News

Recapitalisation: Access Holdings Begins N351bn Right Rights Issue July 8

Access Holdings Plc will on on Monday, 8 July 2024, begin its N351 billion capital raise through rights issue to shareholders. Prime Business Africa reports that the move is to increase the

Victor Ezeja

July 7, 2024

Business·News·Oil & Gas

Gas Production: NNPC Set To Build 100 CNG Sites, 3 LNG Stations

The Nigerian National Petroleum Company Limited (NNPCL), has announced plans to build not less than 100 Compressed Natural Gas (CNG) sites and three Liquefied Natural Gas (LNG) stations to boost gas production.

Victor Ezeja

July 5, 2024

NOVA Merchant Bank Announces Major Increase in Staff Salaries post image

News

NOVA Bank Begins Operations As National Commercial Bank

NOVA Bank, formerly known as NOVA Merchant Bank, has officially commenced operations as a National Commercial Bank, as the bank opened its first commercial banking branch at 18, Kofo Abayomi Street, Victoria

Admin

July 4, 2024

EFCC's Invasion Of Dangote Group Office May Scare Away Potential Foreign Investors - MAN DG

Business·News

MAN DG Seeks Affordable Credit For Domestic Industries To Boost Production

Director General of the Manufacturing Association of Nigeria (MAN), Segun Ajayi-Kadir, has called on the government to create financing windows that offer credit to industries at a rate not more than five

Victor Ezeja

July 2, 2024

Latest Petrol Price Hike Ill-timed - CPPE

Business·Finance & Economy

Pharmaceuticals Tax Waivers: We Need Same In Other Sectors – CPPE

The Centre for the Promotion of Private Enterprise (CPPE), has commended President Bola Tinubu’s government for the recent Executive Order waiving taxes such as import duties, VAT, and excise duties on pharmaceutical

Victor Ezeja

July 1, 2024

Business·News

Central Securities Pays N7.5bn Dividends To Shareholders As Gross Earnings Increase By 65.2% In 2023

Central Securities Clearing System (CSCS) Plc recorded an impressive performance in year ended December 31, 2023 across key financial metrics.

Victor Ezeja

May 26, 2024

Business

Zenith Bank’s Gross Earnings Rises By 125% In 2023

Zenith Bank Plc recorded triple-digit growth of 125 per cent in gross earnings from N945.6 billion reported in 2022 to N2.132 trillion in 2023.

Victor Ezeja

April 12, 2024

UBA Shines With 371% Profit Surge In H1 2023

Business·News

UBA Gross Earnings Rises By 143% In 2023, Profit Hits N757.7bn

The bank’s total assets rise by 90.2% to N20.65 trillion; shareholders’ funds grows to N2.0 trillion, achieving an impressive growth of 120.2% Africa’s Global Bank, United Bank for Africa (UBA) Plc,

Victor Ezeja

April 9, 2024

Business·News

Transcorp Power Records N142.1bn Gross Earnings In 2023, Signaling Robust Growth

Transcorp Power Plc, one of the power subsidiaries of Nigeria’s leading conglomerate, Transnational Corporation Plc (Transcorp), recorded gross earnings of N142.1 billion in FY 2023.

Victor Ezeja

April 4, 2024

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Latest news on business in Nigeria - Page 5

NGX Suspends Trading In Unity Bank, 7 Other Companies’ Shares

Recapitalisation: Access Holdings Begins N351bn Right Rights Issue July 8

Gas Production: NNPC Set To Build 100 CNG Sites, 3 LNG Stations

NOVA Bank Begins Operations As National Commercial Bank

MAN DG Seeks Affordable Credit For Domestic Industries To Boost Production

Pharmaceuticals Tax Waivers: We Need Same In Other Sectors – CPPE

Central Securities Pays N7.5bn Dividends To Shareholders As Gross Earnings Increase By 65.2% In 2023

Zenith Bank’s Gross Earnings Rises By 125% In 2023

UBA Gross Earnings Rises By 143% In 2023, Profit Hits N757.7bn

Transcorp Power Records N142.1bn Gross Earnings In 2023, Signaling Robust Growth

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