Business

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

Crude oil theft drops to 2.04 million barrels in 7 months – NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has stated that the federal government was able to contain crude oil theft to 9,600 barr

FG targets 30% power from renewable energy in 2030

The Federal government has disclosed that it is targeting 30 per cent power generation from renewable energy sources by the year 2030. Director Genera

NPA deploys electronic barrier to stop trucks diversion

The Nigerian Ports Authority (NPA) has deployed electronic barrier systems across different terminals to speed up exit of containers from the ports in

Customs in Apapa rakes in N20bn in 1 day, Onne generates N476bn

The Apapa Customs Command of the Nigeria Customs Service (NCS) has achieved the collection of N20.1 billion in a single day, surpassing the previous h

BUA Foods to expand capacity, pays N13 dividend

BUA Foods Plc, a frontrunner in Nigeria’s Food manufacturing industry has announced plans to expand its production capacity as part of efforts to boos