Business

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

FG commissions 240MW Afam 3 power plant

President Muhammadu Buhari on Tuesday commissioned the 240 megawatts Afam 3 Fast Power Plant located at Okoloma Afam, in Oyigbo Local Government Area

Why I sold my Transcorp shares – Otedola

Nigerian billionaire investor, Femi Otedola, has revealed details of why he acquired about 6% shares in Transcorp and decided to sell shortly after. R

RT200 enabled repatriation of $5.6bn in 2022 – Emefiele

The governor of the Central Bank of Nigeria (CBN) Godwin Emefiele, has said the RT200 programme has made good progress in export proceeds, with the  r

Over 400,000 jobs created on construction of roads, houses in 8 years – Fashola

The Minister of Works and Housing, Babatunde Fashola, says the ministry created over 400,000 direct and indirect jobs during the course of constructio

Science and technology, secret of developed economies – Jonathan

Former President Goodluck Jonathan says science and technology are the secret of the on-going fast developments and advancements in the economies of t