Business

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

FG to inaugurate governing councils of new institutions

The Minister of Education, Adamu Adamu, will inaugurate the Governing Councils of new Federal Polytechnics and Colleges of Education, as well as the B

Why executive orders 1 & 5 fail to make businesses easy

Executive orders which have their origin in the United States have generally crept into our political lexicon in the last five years courtesy of Actin

FG to borrow at a higher cost as global interest rates spike

As if the COVID-19 pandemic was a good thing, global interest rates were maintained at historic low levels over the past two years, as monetary policy

FG’s intervention cleared AEDC workers’ salaries, pensions backlogs

The Federal Ministry of Power said the intervention of the federal government led to the payment of all salaries and 20 months pension contribution ba

Power firms lose N1.6tr in 7 years over unutilised electricity

Power Generation Companies (GenCos) lost at least N1.632 trillion between 2015 and 2021 over the lack of full evacuation of generated electricity on t