Business

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

Transcorp Power reports 153% revenue growth, 198% increase in profits

Transcorp Power Plc, one of the power subsidiaries of Transcorp Group, has announced its financial results for the third quarter of the year ending Se

FG commends World Bank’s women economic empowerment in Nigeria

The federal government has commended the World Bank for its contribution towards women’s economic empowerment in Nigeria. The Permanent Secretary, Fed

Poor governance in state-owned firms hurting Nigeria’s economy- Armstrong

The CEO of Nigeria’s Ministry of Finance Incorporated (MOFI), Dr. Taikang Armstrong, has called for urgent reforms in the corporate governance of stat

Petrol smugglers were making N17m per truck under subsidy regime –Kyari

The Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, has revealed that petrol smugglers exploited

IPMAN hopes for lower price as talks with Dangote Refinery begin

There is uncertainty over the commencement of lifting of premium motor spirit (PMS) otherwise known as petroleum from Dangote Refinery by the Independ