Business

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

How vandalism may hamper 10,000MW grid target

As Nigerians express high hopes of having a national grid that can deliver 10,000 megawatts (MW) of electricity by 2023, the incessant vandalism of po

AEDC: Why Abuja is experiencing power outage

The Abuja Electricity Distribution Company (AEDC) has explained the reason for the outage across the nation’s capital. In a statement on Saturda

Retail price for petrol increases to N173.08 in May – NBS

The National Bureau of Statistics (NBS) says the average retail price paid by consumers for Premium Motor Spirit (Petrol) increased to N173.08 in May.

FAAN woos investors to 12,000 hectares aviation city

The Federal Airports Authority of Nigeria (FAAN) is wooing investors to its proposed aviation city in Abuja, which will sit on an estimated 12,000 hec

Wema holds SME webinar on energy efficiency

In line with its commitment to enable business sustainability, profitability and energy efficiency, Wema Bank Plc is organising a webinar for Small an