Business

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

NNPC loaded 995m litres of petrol to states, Abuja in 14 days

The Nigerian National Petroleum Company Ltd (NNPC) has loaded 994.479 million litres of petrol worth N164.175bn (at N165/litre) to the states and the

AfDB gives Nigeria, 14 others N1.4tr for pharma sector

The African Development Bank (AfDB) has approved a $3.56 million (N1.4 trillion) grant for the development of the pharmaceutical industry in Nigeria a

Sylva harps on gas as energy for 600m Africans

The Minister of State, Petroleum, Timipre Sylva, has called on advanced nations to allow Africa to use gas as its energy transition fuel to meet the e

GenCos seek spinning reserve to stabilise power grid

Following the reversal in power grid stability, the Association of Power Generation Companies (APGC) has called on the Nigerian Electricity Regulatory

Nigeria needs gas assets for energy transition — ACCI

The Abuja Chamber of Commerce and Industry (ACCI) is calling for expeditious actions in developing gas infrastructure to meet the timeline for Nigeria