Business

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

How new policy could spur 5,000MW grid, cut system collapses

Higher energy, reforms crucial – Experts   As electricity consumers in Nigeria worry about a trend in power system collapses with four already th

Twitter shares sink after Musk withdraws takeover bid

Twitter shares plunged Monday after Elon Musk announced the withdrawal of his $44 billion takeover bid, setting the stage for a potential legal brawl.

Despite concerns, FAAN finally shut Lagos Airport domestic runway

The Federal Airports Authority of Nigeria (FAAN) has finally shut the domestic runway of the Murtala Muhammad International Airport (MMIA), Lagos. The

Manufacturers seek licence to import diesel

Members of the Manufacturers Association of Nigeria (MAN) have decried the over 200per cent increase in the price of diesel while calling on the feder

Coy to invest N41.5bn in Lekki Special Medical/Pharms Free Trade Zone

The Nigeria Export Processing Zones Authority (NEPZA) has announced that Ash Biomedical Diagnostics Ltd, an anchor tenant, would invest an initial $10