Business

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

Atiku mulls privatising refineries, rail, TCN in 3-point agenda

The presidential candidate of the Peoples Democratic party (PDP), Abubakar Atiku, has rolled out a three-point agenda, targeting privatisation of refi

MESL begins N37bn installation of 2 turbines at Kainji hydropower

Mainstream Energy Solutions Limited (MESL), operator of the 760 megawatts (MW) Kainji hydropower plant and the 578MW Jebba hydro, has begun an $89 mil

We need 8 weeks to process customers’ forex request — Stanbic

Stanbic IBTC Bank has said it requires six to eight weeks before it can process the request for foreign exchange (forex) made by its customers. Recall

SMEDAN trains 16 cooperatives in Borno

The Small and Medium Enterprises Development Agency (SMEDAN) has trained members of 16 cooperative societies under the National Agric-Preneurship Sche

AEDC, gov’t synergise to resolve legacy debts

The Abuja Electricity Distribution Company (AEDC) has resolved to synergise with the Niger State government and other stakeholders in the state to res