Business

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

KEDCO plans exit from national grid, to invest N169bn to generate 100MW

The Kano Electricity Distribution Company (KEDCO) disclosed plans to invest $100 milion (N169 billion at N1659/ $) in a safe grid through partnership

Nigeria’s crude oil production rose to 1.43 million bpd in October 2024 – OPEC

Nigeria’s daily crude oil production increased from 1.39 million barrels per day (bpd) to 1.43 million bpd in October 2024. This is according to the N

NCAA threatens sanction against pilots, others working with multiple airlines

The Nigeria Civil Aviation Authority (NCAA) has said its findings had shown that licensed flight crew members operate for multiple airlines. This, it

Nigeria-Korea trade relations increased by 55% as LG displays 4 products at national day

South Korean Ambassador to Nigeria, Mr. Kim Pan-kyu, has said relations with Nigeria would be one of its most vibrant economic partnerships in the nea

Rising cases of building collapse due to non-adherence to standards – SON

The Standards Organisation of Nigeria (SON) has decried the rising cases of building collapse in the country, alluding it to non-adherence to standard