Business

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

Stakeholders to address N3.4trn loss to MDAs’ financial infractions

Over N3.4 trillion in financial infractions were uncovered across federal ministries, departments and agencies (MDAs) in 2021, according to the Audito

Airspace engineers underequipped, overworked – NAAE president

President of the National Association of Air Traffic Engineers (NAAE), Mr. Seizling Miri, has raised an alarm over unresolved challenges faced by engi

After naira-for-crude resumption, Dangote slashes PMS price

MRS, others may sell at N910/L   Dangote Petroleum Refinery and Petrochemicals has reviewed its ex-depot (gantry) loading cost of petrol to N865

NERC fines 8 Discos N628m for overbilling

The Nigerian Electricity Regulatory Commission (NERC) has fined 8 electricity Distribution Companies (DisCos) M628,031,583.94 (million) for violating

Afreximbank opens N195bn Africa trade centre in Abuja

After 41 months of construction, African Export-Import Bank has commissioned the $120 million (N195 billion) Afreximbank Africa Trade Centre (AATC) Ab