Business

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

1.4m Nigerians connected to electricity in 2023 – REA

The Rural Electrification Agency (REA) has stated that 1.4m Nigerians who are off the grid were provided with electricity through renewable energy in

Tinubu to inaugurate N178.2bn WACT terminal upgrade project

Barring any last-minute changes, President Bola Ahmed Tinubu will officially commission the upgraded $115 million West Africa Container Terminal (WACT

Innovation key to driving financial literacy in Nigeria – PalmPay

An Africa-focused fintech platform, PalmPay, has called for collaboration and innovation among banks and fintechs to drive financial inclusion at the

Maritime workers get N.2m minimum wage after 20 years of negotiations

The Shipping Agencies, Clearing and Forwarding Employers Association (SACFEA) has approved N200,000 as minimum wage for workers in the maritime sector

Banks need foreign investors to meet recapitalisation deadline – Ebo

The Managing Director and Business Officer of Optimus by Afrinvest, Ayodeji Ebo, has said the success of the recent banks’ public offers and their rec