Despite decline, Nigeria’s oil production tops Africa’s chart in March – OPEC
The Organisation of the Petroleum Exporting Countries (OPEC) report has indicated that Nigeria retained its position as the largest crude oil producer
Business
All the recent business news in Nigeria, economy and industry updates.
N4trn FG debt: Blackout looms nationwide as GenCos threaten shutdown
The Power Generation Companies (GenCos) have threatened to shut down their operations over N4 trillion debt owed them by the federal government. A sta
Nigeria leads as African venture capital nets $3.6bn in 2024
The African Private Capital Association has announced the release of the 2024 Venture Capital in Africa Report, showing that Africa’s entrepreneurial
Nigeria’s gas sector attracts over $5bn investments
Nigeria recorded over $5 billion in new gas investments last year, according to the Nigerian Gas Association (NGA). This is just as the NGA also annou
NGX investors lose N440bn in 1 week
After recording a profit of N110 billion the previous week, investors lost N440 billion at the Nigerian Exchange (NGX) in the just-concluded trading w