Business

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

Issues that shaped power sector in 2025

Nigeria’s power sector has continued to be dogged by the same problems of inadequate supply, liquidity challenges and aging infrastructures. In 2025,

Buni signs N515bn 2026 budget into law

Governor Mai Mala Buni of Yobe State has given assent to the N515,532, billion “Budget of Economic Growth and Infrastructural Transformation”. The sig

Cosgrove rewards staff with N4bn properties

The Chairman of Cosgrove Investment Limited, Mr. Umar Abdullahi, has gifted N4 billion worth of properties to members of staff in recognition of their

Experts, banks’ customers express divergent views over year-end cash availability

By Philip Shimnom Clement; from Ahmad Datti, Kano; Hamisu Kabir Matazu, Maiduguri and Eugene Agha, Lagos   For the first time in recent years, Ni

WPG completes N360bn sale of Eko Disco stake to Transgrid

West Power & Gas Limited (WPG) has completed the sale of its 60 per cent controlling stake in Eko Electricity Distribution Company (Eko Disco) to