Business

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

16 years after, NAMA proposes 800% hike in air navigation charges

The Nigeria Airspace Management Agency (NAMA) at the weekend announced the upward review of navigation charges and fees paid by airlines with 800 per

We won’t accept selling of Dangote refinery to NNPC – Arewa Think Tank

The Arewa Think Tank (ATT) has expressed opposition to plans that will see the selling of the 650,000bpd capacity Dangote Refinery to the Nigerian Nat

FG to pay N633.3bn subsidy as DisCos made N291.6bn revenue in Q1 2024

The federal government accumulated N633.30 billion as electricity subsidy in the first quarter of 2024 despite the 11 electricity Distribution Compani

Development Bank activities resulted in creation of about 1.2m jobs – Okpanachi

The Managing Director of the Development Bank of Nigeria, Tony Okpanachi, met with select editors on the back of the banks’ recent accreditation by th

BUA cement has grown from 2% to 30% market share in 8 years

BUA Cement, Nigeria’s second largest cement manufacturer has said it has grown its market share from two percent to 30 percent in the last eight years