Business

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

Shell to drill 14 new wells in $5bn Nigeria’s Bonga North project

Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell Plc., has announced a final investment decision (FID) on Bong

Africa’s debt servicing hits $74bn

The African Development Bank (AfDB) yesterday warned of the implication of rising debt burden in Africa, saying Africa’s debt servicing has hit $74bn.

IWG boosts hybrid working with two workspaces

In order to meet the demands of the rise in hybrid working in Lagos, the world’s largest provider of hybrid working solutions, International Workplace

Pioneer status attracted N386bn investment — NIPC

The Nigerian Investment Promotion Commission (NIPC) has revealed that its Pioneer Status Incentive (PSI) programme has attracted investments worth N38

InfraCredit mobilises climate Sukuk for solar power

InfraCredit, a ‘AAA’-rated specialised infrastructure credit guarantee institution, has announced credit enhancement of Prado Power Limited’s Guarante