Business

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

FG urged to set up tribunal for debt-laden DisCos

The federal government has been urged to investigate the power distribution companies, which were taken over by banks and Assets Management Corporatio

Axxela, NNPC Gas company commission 5km gas pipeline

Axxela Limited, one of Africa’s leading gas and power portfolio companies in partnership with NNPC Gas Marketing Limited (NGML), has commissioned a 5k

Bauchi signs MOU to establish $1.5b Resident cement company

Bauchi State Governor, Senator Bala Abdulkadir Mohammed has signed a Memorandum of Understanding with Resident Cement Factory Ltd to establish a $1.5

Abiodun sends GenCo/DisCo establishment bill to Ogun Assembly

Governor Dapo Abiodun yesterday sent a bill seeking to establish a company for power generation and distribution to the Ogun State House of Assembly.

Stock market rebounds, investors gain N97bn

The Nigerian stock market rebounded with positive momentum on Wednesday, adding N97 billion to investors’ portfolios. Specifically, the market capital