Business

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

Nigeria’s debt service-to-revenue may return to 98% in 2 years, economist warns

A popular economist, Paul Alaje, yesterday insisted that the removal of subsidy from petroleum and the devaluation of the naira is a huge mistake made

Dangote Refinery, NUPRC differ over crude oil allocation

The oil sector was treated to a drama at the weekend as the Dangote Group and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) engaged in

Alaba: Inside Nigeria’s biggest electronics market

The Alaba International Market in Lagos is reputed to be Nigeria’s largest and one of West Africa’s biggest electronic markets. Weekend Trust visited

Manufacturers lament over outstanding $2.4bn forex claims

The Manufacturers Association of Nigeria (MAN) has stated that the failure of the Central Bank of Nigeria to clear $2.4 billion worth of foreign excha

Tariff: Only prudent costs will be passed to consumers – NERC

The Nigeria Electricity Regulatory Commission (NERC) has assured electricity consumers that only prudent costs will be passed on to them while fixing