Business

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

Repaired Akwa Ibom power tower ready in 1 week – TCN

The Transmission Company of Nigeria (TCN) said repairs of the vandalized power transmission tower on the Ikot Ekpene to Odukpani transmission line Akw

Households spent N58bn on goods, services in 6 months

Nigerian homes spent N58.5 billion on goods and services in the second six months of 2021, according to the National Bureau of Statistics (NBS). In a

Naira depreciates against dollar at investors, exporters window

The Naira, on Wednesday, depreciated at the Investors and Exporters window, exchanging at N418.75 to the dollar, a 0.12 per cent depreciation, weaker

Nigeria’s GDP improved in 3rd, 4th quarters of 2021 — NBS

The National Bureau of Statistics (NBS), on Wednesday, said Nigeria’s Gross Domestic Product (GDP) increased by 4.03 per cent in the third quarter of

‘Why Lagos suspended committee on removal of abandoned vehicles for second time’

The Lagos State government has again placed an indefinite suspension on the entire ad-hoc teams of the Removal of Abandoned Vehicles Committee (RAVC)