Business

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

KEDCO to install 128,000 meters with $500m World Bank loan

The Kano Electricity Distribution Company (KEDCO) has announced plans to commence mass metering across its franchise areas under the World Bank–funded

Why MSMEs fail to adopt ESG practices – BOI

The Bank of Industry (BOI) has launched its “Environmental, Social and Governance (ESG) Adoption by Nigerian Micro, Small and Medium Enterprises (MSME

FG building roads that will last 50 to 100 years – Umahi

The Minister of Works, Engr. David Umahi, has stated that the federal government’s road construction across the country would last between 50 and 100

Banks’ credit to private sector drops by N6trn in 4 months

Credit to the private sector (CPS) by deposit money banks (DMBs) has dropped by about five per cent month-on-month (MoM) to N72.5 trillion in the mont

P/Harcourt Refinery shutdown: How Nigeria lost N366.2bn in 5 months

The shutting down of the Port Harcourt Refinery, the biggest refinery in the country has caused the Nigerian government over $249.7 million equivalent