Business

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

Inflation could have gone up to 42.81% without policy interventions — CBN

The Central Bank of Nigeria (CBN) has stated that without its policy interventions, inflation could have surged to 42.81 per cent by December 2024. Th

Africa leads as airlines record 83% load factor in 2024

The International Air Transport Association (IATA) released 2024 full-year and December 2024 passenger market performance showing record high demand.

FG targets N35.4tr investment in power sector

The federal government has unveiled plans to attract $23.2bn (N35.438tr) investment into the power sector, out of which it aims to mobilise $15.5bn in

Gov. Radda woos investors, to raise bonds for projects

Katsina State Governor, Dikko Umar Radda, yesterday, sought partnership with the Nigerian Exchange (NGX) Group Limited to raise bonds to finance criti

FG targets $50bn annual revenue from space technology

The Federal Government has launched an initiative leveraging space technology to generate an estimated $50 billion annually. Dubbed the “Presidential