Business

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

NNPC, partners resolve Addax dispute on 4 oil wells

The protracted dispute on Oil Mining Licence (OMLs) 123/124, 126/137, operated by Addax Petroleum Nigeria Limited, has finally been resolved, paving t

EFCC probing Mambilla project – Power minister

The Senate Committee on Power has described the proposed Mambilla hydropower project as a mirage, despite the yearly budgetary provisions running into

NBRRI, centre sign N8.3trn housing project pact

The Regional Sustainable Energy Centre of Excellence for Sub Saharan Africa (RSECE) has signed a memorandum of understanding with the Nigerian Buildin

How loan growth, others drove interest income across banks in 9 months

Nigerian banks resilient – Report By Vincent Nwanma & Abiodun Alade (Lagos) An across-the-board rise in loans and advances by Nigeria’s Tier-1 len

Reps ask ECN to establish mini power grids

The House of Representatives has asked the Energy Commission of Nigeria (ECN) to prioritize the establishment of mini power grids to facilitate energy