Reps order 11 Discos to refund N55.4bn over failed metering programme
The House of Representatives has directed 11 electricity distribution companies (DISCOs) to refund N55.42 billion received as loans under the National
Business
All the recent business news in Nigeria, economy and industry updates.
Manufacturers battling high costs, power woes — LCCI
The Lagos Chamber of Commerce and Industry (LCCI) yesterday expressed concerns over Nigeria’s macroeconomic outlook, warning that rising inflation, gr
Lagos to witness blackout as Egbin power plant shuts down
The Nigerian Independent System Operator (NISO) has announced a significant reduction in power generation. In a statement, it said the current low gen
Customs seizes N18.96bn cannabis hidden in imported vehicles
The TinCan Island Command of the Nigeria Customs Service (NCS) has intercepted a large consignment of illicit drugs valued at N18.96 billion at Lagos
Inflation erodes wages, deepens Nigeria’s real income crisis — CPPE
The Chief Executive Officer of the Centre for the Promotion of Private Enterprise (CPPE), Dr. Muda Yusuf, has warned that rising inflation is eroding