Business

All the recent business news in Nigeria, economy and industry updates.

Oando records N60.3bn 2023 profit, ramps up production

Leading energy solutions company, Oando PLC has recorded a profit after tax of N60.3 billion in its audited financials for the full year ended 2023, a

TotalEnergies CEO meets NUPRC, promises investment

The President/CEO of TotalEnergies worldwide, Patrick Pouyanne, has paid a visit to the Commission Chief Executive of the Nigerian Upstream Petroleum

Prepaid meter customers decry inability to recharge

Electricity customers using prepaid meters under the Abuja Electricity Distribution Company (AEDC) have continued to lament their inability to purchas

We’re making progress on $25bn Nigeria-Morocco gas pipeline – Kyari

The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that the African Atlantic Gas Pipeline (AAGP) or the Nigeria-Morocco Gas Pipelin

Equity market suffers N1.2trn loss in one week

It was a massive loss for investors last week as the Nigerian equity market shredded N1.2 trillion in all the five trading days of the week. The marke