Business

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

Senate mulls NIPOST privatisation, queries N18bn personnel cost

The joint Senate Committee scrutinising the 2024-2026 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) said it is considering

3,585MW capacity underutilised as debts to NDPHC hit N180bn

Constraints within the transmission and distribution system have left a major percentage of 3,585-megawatt installed capacity of the Niger Delta Power

FG targets 840,000 jobs from energy transition

The federal government has stated that the country would create 340,000 jobs with transition into renewable energy by 2030 and 840,000 in 2060. Speaki

Queue resurfaces in Abuja as petrol sells for N640

Vehicle owners in Abuja have begun to throng filling stations even as fuel stations have hiked the price of premium motor  spirit (PMS), checks by Dai

Depositors of failed banks to get extra N16.18bn — NDIC

Depositors, creditors and stakeholders of 20 failed banks are expected to get additional N16.18 billion in liquidation dividends, the Nigeria Deposit