Business

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

Rail infrastructure, marine security dominate transport sector in 2021

It was a mixed grill for the transportation sector in 2021. The year has witnessed a beehive of activities in the sector, from the inauguration of new

Despite many professionals, insurance law, cases of building collapse increase

There are rising cases of building collapse across the country, especially in Lagos State, the commercial hub of Nigeria.  This is seen as embarrassin

TCN restores bulk power in Lagos axis after collapse of towers

The Transmission Company of Nigeria (TCN) says bulk power transmission has been restored around Akangba in Lagos after an inferno caused the collapse

Forcados: Shell halts oil flow, gas shortage hit power plants

Royal Dutch Shell Plc has halted crude shipments from Nigeria’s Forcados export terminal in Delta State, according to Bloomberg. Also, a separate lett

How 2-year-old Titan Bank acquired 104-year-old Union Bank

Titan Trust Bank Limited to buy 89.39 per cent in Union Bank of Nigeria Plc, both banks announced on Thursday. In a joint statement released in Lagos,