Business

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

WTO, IFC launch N1.9bn trade facility in Nigeria

The World Trade Organization alongside the International Finance Corporation has unveiled a N1.9 billion ($1.2m) Standard Trade Facility (STDF) target

NNPC deactivates 6,409 illegal refineries in Niger Delta

The Nigerian National Petroleum Company Limited (NNPC Ltd) has deactivated 6,409 illegal refineries in the Niger Delta region. The Group Chief Executi

Power sector in crisis, says minister

The Minister of Power, Adebayo Adelabu has stated the power sector is in crisis and the government is trying its best to bring normalcy to it. Speakin

Offodile resume as Ag. DG NIMASA as Jamoh bows out

Dr. Bashir Jamoh, on Tuesday bowed out as the Managing Director of the Nigerian Maritime Administration and Safety Agency (NIMASA) following the expir

We’ve moved Transcorp Power from I60 to 700 megawatts – Risqua Mohammed

In this exclusive interview with Daily Trust, Transcorp Power Non-Executive Director, Risqua Murtala Mohammed speaks about the recent listing of the T