Business

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

Why Nigeria must pay attention to UK’s elections

Voters in the United Kingdom will go to the polls tomorrow in what some analysts have described as a defining moment for one of the countries that pri

$1.3bn OML 245: Negotiations on dispute concluded – Lokpobiri

Minister of State for Petroleum Resources, Heineken Lokpobiri, has confirmed that the ongoing negotiations to end the disputes surrounding oil mining

Volkswagen shuns Nigeria, sets up auto assembly plant in Egypt

Volkswagen Group Africa has signed an agreement with the Egyptian government to build and operate a new Body Shop and Assembly plant in the East Port

6,000 Nigeria Airways retirees seek return to pension scheme

About 6,000 retirees of the liquidated national carrier, Nigeria Airways, under the auspices of the Association of Airways Retired Workers of Nigeria

NNPCL calls for collaboration to reduce production cost

The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPLC), Mele Kyari, has charged oil companies operating i