Business

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

Collective Investment Schemes climbed N3trn in 2024 – SEC

The Securities and Exchange Commission (SEC) on Wednesday disclosed that its Collective Investment Schemes increased to over N3 trillion in 2024. The

Seplat completes acquisition of Mobil Producing Nigeria

 Seplat Energy Offshore Limited has completed the acquisition of Mobil Producing Nigeria Unlimited. As a result, Mobil Producing Nigeria Unlimited wil

Edo partners E5 Energy to build $500m power station

The Edo State Government has signed an agreement with E5 Energy Services Limited, an indigenous energy company, to build a 100-megawatt hydropower sta

Tariff increase must reflect in service delivery, FCCPC tells Telcos

The Federal Competition and Consumer Protection Commission (FCCPC) has told telecommunication operators that the recent 50 per cent tariff hike must r

Nigeria leads Africa as top upstream investment destination

Nigeria ranks as Africa’s leading destination for upstream oil and gas investment in 2024, research from market intelligence firm Wood Mackenzie shows