Business

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

Border patrol impounds bullion van, N6bn smuggled goods in S/West

Authority in charge of the Joint Border Patrol (JBP), Sector 2, South West Zone, on Tuesday said it impounded contraband cargo worth over N6 billion f

N24bn lost to flight delays in 2022 – Report

A new report compiled by some aviation professionals has estimated that over $52.7m was lost annually to flight delays. In the analysis of the cost im

NNPCL confirms rise of oil production to 1.6m bpd

The Nigerian National Petroleum Company Limited (NNPCL) has confirmed that the country’s oil production has risen to 1.6 million barrels per day, a fe

Nigeria Air: Ethiopian Airlines asks Nigeria to resolve legal obstacles

President Muhammadu Buhari met with Girma Wake, Ethiopian Airlines board chairman, during which they exchanged views on the operationalisation of Nige

Bill exempting NASS staff from contributory scheme dangerous precedent – PenOp

The Pension Fund Operators Association of Nigeria (PenOp) has described as a dangerous precedent the hurried passage of the bill seeking to remove the