Business

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

2023: It’s illegal to use Naira to buy dollars for election campaigns — CBN

The Central Bank of Nigeria (CBN) has maintained that it is illegal to use Naira to buy dollars for the purpose of electioneering campaigns.

Flights Suspension: Passengers besiege Dana Air counters, seek tickets refund

Scores of Dana Air passengers on Thursday besieged the Airline’s counters at the Murtala Muhammed Airport private terminal two, otherwise known as MM2

Electricity grid records 5th collapse in 7 months

The Nigerian electricity grid crashed on Wednesday to zero megawatts after a fault that threw the entire country into blackout, making it the fifth ti

Reps fume as Sylva, NNPC absent at subsidy hearing

The House of Representatives special ad hoc Committee on Petroleum Products Subsidy Regime from 2017 to 2021 on Wednesday expressed anger over the abs

Cargos trapped as dockworkers shut Apapa port terminal

Goods worth billions of naira were trapped at the nation’s busiest and largest terminal, APM Terminals Apapa, on Wednesday, as members of the Maritime