Business

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

Niger residents in darkness despite hosting 4 power plants

Despite hosting three major hydroelectric power plants in Shiroro, Zungeru, Jebba and Kainji Dams, residents of Niger State say they cannot boast of u

Grid failures: More coys may exit as power sector faces cash squeeze

There are growing fears that more private firms may disconnect from Nigeria’s national grid and resort to captive power generation to sustain their op

Employee fraud costs Nigeria N10trn yearly – CPPE

Employee corruption and occupational fraud constitute one of the largest hidden drains on Nigeria’s entrepreneurial economy, with annual losses rangin

FRC sets April deadline to enforce audit, assurance firms’ register

The Financial Reporting Council of Nigeria (FRC) has warned audit firms and other assurance service providers who fail to complete their registration

25% equity: Jigawa pays N1bn to KEDCO

The Jigawa State Government has approved the disbursement of N1 billion as the third tranche payment for its 25 per cent equity stake in the Kano Elec