Business

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

Enugu, Jelfah sign N40bn deal to revive Sunrise Mills

The Enugu State Government and Jelfah Nigeria Limited Tuesday signed a N40 billion deal for the revival of the state-owned Sunrise Flour Mills. Based

Non-oil export from Apapa port rises by 25% in first half of 2024

Non-oil exports from one of the nation’s largest container terminals, APM Terminals, Apapa, now stood at 51,000 Thousand Equivalent Units (TEUs), in t

CBN urged to halt interest rate hike as food inflation drops to 37.52%

The National Bureau of Statistics (NBS) has said that the Food inflation rate dropped in the month of August 37.52% on a year-on-year basis. This is a

Energy transition to create 100,000 jobs for Nigerians, says P-CNGi

The Programme Director of the Presidential Compressed Natural Gas Initiative  (P-CNGi), Engr Michael Oluwagbemi, has said that the Federal Government

Deploy 3% community trust fund in curbing pipelines vandalism – Stakeholders

Stakeholders in the oil and gas industry have urged the host communities to leverage on the 3 per cent community trust fund provided by the Petroleum