Business

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

Skymark raises N3.2bn in commercial paper offerings

Skymark Partners Limited, a proprietary investment company, has raised N3.2 billion from Series 2, 3 and 4 Commercial Papers it offered under its N5bn

Investors lose N90bn as equity market opens on negatives

Bearish sentiments start off this week’s trading session, following the two-day public holiday as the equities market, Wednesday, lost N90 billion or

Nigeria records 7m new broadband subscribers in 7months

Nigeria’s broadband penetration recorded a quantum leap in the last seven months from November 2021 with a record of seven million new subscriptions,

Inflation, epileptic power, cost of diesel erode gains of doing business in Nigeria

In May, 2017, the acting President, Prof Yemi Osinbajo, signed Executive Order No 1, which promotes transparency and efficiency in the business enviro

Nigerian businesses turn to solar as diesel costs bite

Nigeria’s solar companies are seeing a surge in demand for mini-grids and equipment as businesses in Africa’s biggest oil producer look for alternativ