Business

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

FG allocates N5.5bn to develop airstrips in Funtua, others

The federal government is to spend billions of naira on the development of new airstrips and rehabilitation of existing ones spread across the country

Airtel to generate 34MW electricity in Lagos

Airtel Africa on Tuesday launched  Airtel (“Nxtra”), a new data centre business founded on a commitment to meet the continent’s growing needs for data

Nigerian refinery produces 170m litres of petroleum in 2023 – Wabote

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote, has said that the painstaking implementa

NUPRC to revoke licence of unused oil exploration leases

The Nigerian Upstream Petroleum and Regulatory Commission (NUPRC) says it is considering revoking licences of oil exploration leases that are yet to b

Investors gain N165.99bn as equity market bounces back

The equity market, yesterday, closed on a positive note as the NGX All Share Index (ASI) and Market Capitalisation both closed positive by 0.43%, repr