Business

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

Vandals attack AEDC networks, cause outage in Abuja

The Abuja Electricity Distribution Company (AEDC) on Sunday said it experienced cases of vandalism which has disrupted power supply in the central dis

Flour Mills receives approval for majority stake in Honeywell

 Flour Mills of Nigeria Plc (FMN) has obtained all requisite regulatory approvals to acquire a 71.69% stake in Honeywell Flour Mills Plc, formerly a p

Nigeria likely to keep borrowing from Eurobond market — Akpata

Egie Akpata is the Chairman of Skymark Partners Limited, a Lagos-based firm. He has extensive experience in financial markets; having worked at BMO Fi

20 PFAs meet PenCom’s N5bn minimum capital requirement

The National Pension Commission (PenCom) has said 20 Pension Fund Administrators (PFAs) have complied with its directive to raise the minimum regulato

Inflation: Transport fare in Q1 highest in February

The average price Nigerians pay for transportation in 2022 skyrocketed in February, reports by the National Bureau of Statistics (NBS) have shown. The