Business

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

Local refinery to buy crude in Naira — FG

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has unveiled a template to ensure seamless domestic crude oil supply obligation, noting

Transcorp Power targets 740MW electricity from Ughelli power plant

Transcorp Power has stated that it is targeting an increased generation of electricity at its Ughelli power to peak at 740megawatts by year end 2024.

Naira makes more gains against dollar

The Naira on Monday appreciated at the official market, trading at N1,136.04 to the dollar. Data from the official trading platform of the FMDQ Exchan

We’re yet to see naira gain – Nigerians

Nigerians have lamented that despite the massive appreciation of naira against foreign currencies in recent times, prices of food items and goods have

Audit all power infrastructure assets, engineers tell FG

The Nigerian Institute of Electrical and Electronic Engineers (NIEEE) has called on the federal government to audit all power infrastructure assets in