Business

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

How lack of gas infrastructure slows down Nigeria’s energy transition

For decades, Nigeria’s energy sector has faced major infrastructure gaps, especially in the midstream and downstream gas sub-sector. Although the coun

Ogbonna exits Access Holdings Board, remains CEO of banking subsidiary

Access Holdings Plc has announced that Mr. Roosevelt Ogbonna, a Non-Executive Director, has stepped down from the board after three and a half years.

Poor water sanitation cost Nigeria’s economy N455bn annually – Nestlé

Nestlé Nigeria Plc has disclosed that poor water sanitation has cost the Nigerian economy about N455 billion annually, adding that there is an urgent

Fisheries union, Wema Bank to boost fish production

Fisheries Cooperative Federation of Nigeria in collaboration with Wema Bank has flagged off membership registration, revalidation and account opening.

Forbearance: Nigerian banks’ non-performing loans may increase – Fitch

Fitch Ratings said Tuesday that a vast majority of Nigerian banks are expected to exit longstanding forbearance by end-2025. However, the ratings agen