Electricity subsidy rises to N1.1tr in first half of 2025
Despite federal government owing over N4trn to electricity utility companies, subsidy payment for electricity consumed in the first half of 2025 has i
Business
All the recent business news in Nigeria, economy and industry updates.
African carriers record 2.1% drop in cargo, 9.5% passenger growth
The International Air Transport Association (IATA) yesterday released data for May 2025 global air cargo markets showing that total demand, measured i
‘Why NCAA grounded Rano Air plane’
The Nigeria Civil Aviation Authority (NCAA) has ordered the grounding of Rano Air aircraft with registration number 5N-BZY. The decision followed an i
NNPC paid N5.58tr to government in 4 months – Report
The Nigerian National Petroleum Company Limited (NNPCL) has stated that it made N5.58tr statutory payment to the federal government from January to Ap
Lifemate celebrates 19th anniversary, plans for more Nigerian cities
Lifemate Furniture has marked its 19th anniversary with a raffle draw where customers won prizes including a car, refrigerators, washing machines, mob