Business

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

Electricity subsidy: FG pays over N5trn in 10 years

The federal government’s effort to subsidise electricity tariff for Nigerians has seen it cough out over N5 trillion in the last 10 years amounting to

NCAA moves to recover N24bn airlines’ debts

The Nigeria Civil Aviation Authority (NCAA) is setting up a task force to recover debts owed by airlines, noting that it is already implementing a “no

Inter-connectivity debt issue: Why NCC gave Glo 21-day respite

The interconnectivity debt issue between South Africa-owned telecom operator, MTN Nigeria, and the indigenous operator, Globacom, was on Thursday reso

Nasarawa secures gold, tin, lithium mining licences

The Nasarawa State Government has disclosed that it has obtained licences to mine gold, tin and lithium in the state. Governor Abdullahi Sule, who mad

Subsidy removal: Companies launch CNG tricycle in Abuja

Simba Group, in partnership with TVS Motor Company, Sunday, launched a new brand of tricycle, TVS King Deluxe CNG, in Abuja. Daily Trust reports that