Business

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

FG inaugurates task team to tackle building collapse

The Minister of Housing and Urban Development, Arc. Ahmed Dangiwa, on Wednesday inaugurated an expanded Ministerial Task Team on Building Collapse, sa

N457bn debt, Right of Way affecting electricity transmission — TCN

The Transmission Company of Nigeria (TCN) has stated lack of debt payment of N457bn owed by stakeholders in the electricity sector is affecting its ab

‘Nigeria-China Arbitration pact to transform cross-border business’

A cooperation agreement between the Nigerian Institute of Chartered Arbitrators (NICArb) and the China International Economic and Trade Arbitration Co

NIBSS introduces digital payment of ISO 20022 standard infrastructure

The Nigeria Inter-Bank Settlement System (NIBSS) has launched the National Payment Stack (NPS), a cutting-edge, ISO 20022-compliant national payment i

What hike in oil prices means for Nigeria — Analysts

Oil prices have sustained an upward rally as Brent Crude hit $76.10 per barrel, raising hope for higher reserves accretion, stable naira and elevated