Business

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

Finally, freight service begins on Lagos-Ibadan fast train

Freight services have finally resumed on the Lagos-Ibadan standard gauge railway line, Daily Trust can report. This is coming two years after the proj

NGX Group to fast-track NNPC listing

Amid bullish sentiments seen in Nigeria’s stock market recently, the Nigerian Exchange Group Plc (NGX Group) has said it is open to working with the f

Geregu disburses N8.8bn for gas turbine overhaul

Power generating company, Geregu Power Plc, said it made advance payments of N8.783bn to Italian firm, Ansaldo Energia, for the overhaul of its gas tu

Exchange rate falls to N795/$1 at I&E Window

The exchange rate between the dollar and naira fell to N795/$ at the investor & exporter window yesterday at the close of business from the N803/$

Non-oil export value dips to N1.9tr

The value of Nigeria’s non-oil exports has recorded a slight drop from $2.593 billion in 2022 to $2.53 billion (N1.9 trillion at N804/1$) in the first