Business

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

Airlines record 93 bird strikes in 6 months

The Nigerian aviation industry has recorded 93 bird strike incidents in the first half of 2022 with 54 of the incidents happening at the Murtala Muham

Nigerian Exchange Group to raise N35bn for expansion, others

The Nigerian Exchange Group Plc has announced plans to raise additional capital of up to N35 billion to fund business expansion, growth phase for exis

FGN Power to unveil transformers for grid project

Managing Director and Chief Executive Officer of FGN Power Company (FGNPC), Mr Kenny Anuwe, has said the company is set to commission new power equipm

BEDC to conduct forensic audit, increases salary by 70 percent

The new Management of Benin Electricity Distribution Company (BEDC) has said it will carry out a forensic audit of the company account as part of effo

Crude oil theft may crash economy, Lawan warns

Senate President Ahmad Lawan has warned that unless prompt action is taken, crude oil theft may stagnate the economy and drive it into a coma. Lawan s