Business

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

NADDC to expand CNG accessors in FCT, states

The Federal Government is boosting Nigeria’s automotive sector by building capacity for certified quality assurance assessors for Compressed Natural G

Firm launches N200bn bond for power plant construction

Elektron Finance SPV Plc a funding vehicle wholly owned by Elektron Energy Development Strategies Limited (“Elektron”), a leading energy infrastructur

Heirs Energies CEO to share African model at Namibia conference

The Chief Executive Officer of Heirs Energies, Osa Igiehon, will on August 14 headline a session at the Namibia Oil & Gas Conference (NOGC) 2025,

12 companies rake in N2.4trn profit in half year

At least ten companies have raked in a staggering N2.5trillion profit in the first half of 2025, defying economic headwinds in Nigeria, Daily Trust fi

Options for banks as recapitalisation pressure mounts

Recapitalisation fever has hit many deposit money banks (DMBs) as the Central Bank of Nigeria (CBN) deadline draws nearer, triggering a rash of action