Business

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

TCN blames arcing for loss of supply on national grid

The Transmission Company of Nigeria (TCN), has denied media reports that the country witnessed a grid collapse on Monday. It, however, said the grid e

US, Africa investment summit to hold in September

Following the  progress recorded in the previous edition, the  United States Africa Summit, the annual Sub-Saharan Africa Business and Investment Summ

Oil theft pushing investors away from Nigeria – Igiehon

The CEO of Heirs Energies and its, Osa Igiehon, has stated that oil theft in the country is making it difficult to attract investors in the sector. Ig

CBN approves Unity, Providus bank’s merger

The Central Bank of Nigeria (CBN) on Tuesday granted approval for the proposed merger between Unity Bank Plc and Providus Bank  Limited. In a statemen

Aviation unions seek Tinubu’s intervention in Arik Air’s grounding

Three major aviation unions – the National Union of Air Transport Employees (NUATE), Air Transport Services Senior Staff Association of Nigeria (ATSSS