Business News

AfDB approves $61m financing package for DBN to support women-owned businesses

By Abubakar Yunusa The African Development Bank Group (AfDB) says it has approved a $61 million financing package for the Development Bank of Nigeria (DBN)...

NAHCO proposes bonus shares, N6.25 dividend for investors

By Abubakar Yunusa The board of Nigerian Aviation Handling Company Plc has proposed a one-for-seven bonus share issue for shareholders ahead of its Annual General...

Lagos issues 14 power generation, metering licences to private firms

By Abubakar Yunusa The Lagos State Electricity Regulatory Commission (LASERC) has announced the approval of 14 electricity licences and permits across independent distribution, metering services,...

Julius Berger Bags West Africa’s Construction Company of the Year Award

For the second consecutive year, leading engineering and construction firm, Julius Berger Nigeria PLC, has emerged as the Best Construction and Infrastructure Company of...

Local governments key to economic reforms, says Oyedele

By Abubakar Yunusa The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said local governments remain critical to the success of...

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