Business

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

Abiodun sends GenCo/DisCo establishment bill to Ogun Assembly

Governor Dapo Abiodun yesterday sent a bill seeking to establish a company for power generation and distribution to the Ogun State House of Assembly.

Stock market rebounds, investors gain N97bn

The Nigerian stock market rebounded with positive momentum on Wednesday, adding N97 billion to investors’ portfolios. Specifically, the market capital

TCN blames arcing for loss of supply on national grid

The Transmission Company of Nigeria (TCN), has denied media reports that the country witnessed a grid collapse on Monday. It, however, said the grid e

US, Africa investment summit to hold in September

Following the  progress recorded in the previous edition, the  United States Africa Summit, the annual Sub-Saharan Africa Business and Investment Summ

Oil theft pushing investors away from Nigeria – Igiehon

The CEO of Heirs Energies and its, Osa Igiehon, has stated that oil theft in the country is making it difficult to attract investors in the sector. Ig