Business

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

N1.5trn invested in CNG in 18 months – PCNGi

 The Presidential Compressed Natural Gas Initiative (PCNGI) has stated that since the introduction of CNG in the country, it has attracted $980m (N1.5

NITDA reacts as firm petitions over deployment of fake PCs

The National Information Technology Development Agency (NITDA) has reaffirmed its commitment to promoting indigenous technology operators, dismissing

AfDB, Ethiopian Airlines ink $500m deal for $10bn airport project

The African Development Bank (AfDB) has committed a significant $500 million loan to the Ethiopian Airlines Group (EAG). This funding is for the new B

Firm targets 60,000 MT lubricant production by 2028

Oilden Energies Limited has disclosed plans to increase its lubricant production to 60,000 metric tonnes from 40,000 in Nigeria by 2028. The firm’s Gr

NISO wades into Enugu DisCo, EERC’s dispute

The Nigerian Independent System Operator (NISO) says it is committed to finding a common ground between state-level electricity tariff adjustments and