Business

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

Hyundai to invest $79.2bn in 8 years

South Korea’s Hyundai Motor said it planned to invest about 95.5 trillion won ($79.21 billion) through 2030, including about 19.4 trillion won ($16.10

Pilots raise alarm as aviation fuel scarcity bites harder

The National Association of Aircraft Pilots and Engineers (NAAPE), an umbrella body for pilots and engineers in the country, says air travel is under

Mixed reactions as Air Peace, Azman, 4 others form alliance

Six Nigerian airlines including Air Peace, Azman Air, United Nigeria Airline, Arik Air, Aero Contractors and Max Air have signed a pact tagged the ‘Sp

Hasty exit of IOCs blurs Nigeria’s 1.8m barrel daily oil quota – Sylva

The speed at which international oil companies (IOCs) are leaving Nigeria is to blame for Nigeria not meeting its current 1.8 million barrels per day

BOI wins award for $1bn syndicated term loan facility

The Bank of Industry (BOI) has received the award for the ‘International Syndicated Loan Deal of The Year’ at the Bonds & Loans Africa Awards cere