Business

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

Amidst blackout, gas producers supply 62% to foreign markets in Q1

Despite the nationwide shortage in electricity supply, Nigeria’s gas market in the first quarter of 2026 supplied 62 per cent of gas produced to forei

Maritime cartels, weak oversight cost Nigeria $10bn annually- Report

Nigeria is losing an estimated $10 billion annually to the activities of maritime cartels, regulatory lapses, and systemic inefficiencies within its p

We must match industry growth with human capital – NUPRC

The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs. Oritsemeyewa Eyesan, has charged the Independent

Uncertainty in oil market deepens as Brent hits $98

Global oil markets are facing renewed volatility as prices climb sharply amid persistent supply concerns and fragile geopolitical dynamics involving t

‘How ban on cement, frozen poultry import will affect economy’

The Federal Government’s decision to expand its import prohibition list to include a wider range of goods—such as cement, frozen poultry, food items,