Business

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

Transcorp Power’s revenue hit N135bn in H1 2024

Transcorp Power Plc (Transcorp Power), one of the power subsidiaries of the Transcorp Group, recorded a revenue of N135.4 billion in Half-Year (H1) 20

1 year after, Oando gets FG’s nod to acquire Agip

Foremost indigenous oil and gas company, Oando Plc, yesterday, disclosed that Italian oil giant, Eni, has received a formal consent from the Nigerian

Diaspora remittances: FG to issue $500m security in August

Minister of finance and coordinating minister of the economy, Wale Edun, has revealed that the federal government in the next four weeks will begin th

Dangote/NNPC rift: Nigeria’s petrol import from Malta jumps 43 times to $2.08bn

Nigeria’s importation of petroleum from Malta has skyrocketed to 43 folds, amounting to $2.08 billion in 2023. A report by Businessday noted that data

Business leaders seek innovation to navigate turbulent times

Business leaders have emphasised the importance of innovation to navigate turbulent times. They spoke at a recent BusinessDay CEO Forum to discuss str