Business

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

Heirs energies seals $750m financing deal with Afreximbank

Heirs Energies Ltd has sealed a $750 million financing agreement with the African Export-Import Bank (Afreximbank) to boost the company’s drive for en

Solar panel importation drops to N92bn in Q3

Nigeria imported a total of N334.68bn worth of solar panels in the third quarter of 2025, analysis of the foreign trade report released by the Nationa

Containers’ blockage causes billions in losses at Lagos ports

The maritime industry is reeling from a massive scandal involving the maritime police, who have been accused of orchestrating several container blocka

NAMA seals deal for new Abuja Headquarters

The Nigerian Airspace Management Agency (NAMA) has sealed a contract for the construction of its new Corporate Headquarters and Air Traffic Management

Conoil to pay N2.428bn dividend for 2024

Conoil Plc has disclosed the payment of a proposed N2.428 billion dividend for the 2024 financial year, reaffirming its strong position in Nigeria’s d