Business

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

NASENI targets 50MW electricity with solar plants

The Executive Vice Chairman/Chief Executive, National Agency for Science and Engineering Infrastructure (NASENI), Prof. Mohammed Sani Haruna, has said

Firm to raise production by 25,000bpd at Rivers oilfield

Green Energy International Limited (GEIL), an indigenous company operating the Otakikpo marginal field in Oil Mining Lease (OML) 11, will expand oil p

How Nigeria spent N241bn on solar electricity for rural areas

In about three years, the federal government has funded the delivery of 52 megawatts (MW) of solar electricity across rural areas to the tune of N241.

Nigeria’s rising inflation consistent with global trend – Emefiele

Godwin Emefiele, Governor, Central Bank of Nigeria (CBN) has said the steady increase in headline inflation from 15.60 per cent in January to 20.77 pe

Fuel scarcity: Marketers blame forex, low NNPC supply

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has blamed the scarcity of petrol in Lagos, Abuja and across states on the unstable