Business

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

Rivers Assembly probes firm over oil spill

The Rivers State House of Assembly has ordered a probe into the allegations that an oil firm, Renaissance Africa Energy Company Limited, neglected oil

Foreign currency inflow into Nigeria hits $5.15bn in October

Nigeria has recorded high foreign inflows of $5.15 billion in October 2025, according to data from the FMDQ platform. The FX inflow record for last mo

Despite price cut by Dangote, petrol sells above N900/litre

Despite reduction in the gantry (ex-depot) price of premium motor spirit (PMS) otherwise known as petroleum by Dangote Refinery, the price reduction i

‘Why aviation unions are reconsidering airports’ concession’

John Ogbe, the Secretary of Air Transport Services Senior Staff Association of Nigeria (ATSSSAN), Federal Airports Authority of Nigeria (FAAN) branch

NISO connects Nigeria, Niger, Togo, others to W/African grid

The Nigerian Independent System Operator (NISO), in collaboration with the West African Power Pool Information and Coordination Centre (WAPP-ICC), has