Business

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

Bulls kick off week as investors gain N1.42trn on NGX

Bullish sentiment dominated trading on the Nigerian Exchange (NGX) on Monday as equities investors gained N1.42 trillion, driven by renewed buying int

Nigerians can use smart phones, USSD for pension contributions – PenCom

The National Pension Commission (PenCom) has revealed that Nigerians especially in the informal sector can now contribute their pension using their sm

Only 36% of GenCos capacity available in January – NERC

The Nigerian Electricity Regulatory Commission (NERC) has stated that an average of 4,901 megawatt (MW) from the available 13,625 MW installed capacit

Nigeria’s liquidity trap and why money isn’t reaching businesses

The Guardian Nigeria newspaper of today reported “T-Bills see over 400% demand spike as manufacturers face credit squeeze” The Guardian Nigeria furthe

We’ll no longer accept budget rollovers — Senate

The National Assembly would no longer approve extensions of budget implementation cycles, the Chairman of the Senate Committee on Appropriations, Solo