Business

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

DBN disbursed N631bn to 313,000 MSMEs in 2022

The Development Bank of Nigeria (DBN) has disbursed more than N631 billion to slightly over 313,000 MSMEs across the country, from N482 billion to mor

Market Operator to disconnect 13 power firms over remittances

The Market Operator (MO) which coordinates the Nigerian Electricity Market (NEM), barring last-minute changes, plans to disconnect some Generation Com

PEBEC to honour MDAs for contributions in ease of doing business

The Presidential Enabling Business Environment Council (PEBEC) says the 5th PEBEC awards ceremony, scheduled to hold on Wednesday, April 26th will rec

70% of NNPC’s AKK gas pipeline delivered, project not abandoned – Kyari

The Nigerian National Petroleum Company Limited (NNPC) has spent $1.1 billion (about N506.6 billion) on the Ajaokuta-Kaduna-Kano (AKK) gas pipeline pr

NDIC begins verification of depositors of defunct Peak Merchant Bank

In line with its mandate of deposit guaranty and reimbursement of depositors in the event of bank failure, the Nigeria Deposit Insurance corporation (