Business News

The Niger Delta Power Holding Company (NDPHC) is grappling with significant operational challenges due to an outstanding debt of approximately ₦600 billion owed by the Nigerian Bulk Electricity Trading Plc...

The Port Harcourt Refinery, operated by the Nigerian National Petroleum Company Limited (NNPC Ltd), has been shut down for a 30-day maintenance period starting May 24, 2025. This development has...

Nigeria’s telecommunications industry is on track for a significant transformation by the third quarter of 2025, following a landmark $1 billion investment in new network infrastructure. Minister of Communications and...

In a strategic move to accelerate Nigeria’s industrial transformation, the Director-General of the Nigeria-China Strategic Partnership, Mr. Joseph Tegbe, met with the Minister of State for Industry, Trade, and Investment,...

Dangote Petroleum Refinery has announced a nationwide reduction in petrol prices, effective immediately. This latest adjustment sees pump prices drop by ₦15 per litre, with regional variations reflecting logistics and...

The Chairman of the Sector Skills Council for Information and Communications Technology, Mr. Shola Oshilaja, has raised concerns over Nigeria’s growing digital skills gap, warning that the country could lose...

Applications are now open for the African Development Bank (AfDB) 2025 Internship Program – Session 2, offering a valuable opportunity for young professionals to gain hands-on experience in development finance...

Independent oil marketers in Nigeria have imported approximately ₦436 billion worth of petrol within just nine days, highlighting escalating tensions with the Dangote Petroleum Refinery over pricing and supply dynamics....

The Dangote Petroleum Refinery has credited the Federal Government’s naira-for-crude policy for the recent reduction in petrol prices, resulting in lower costs at the pump for Nigerian consumers. In a...

The Nigerian government has granted approval for Chinese investors to establish electric vehicle (EV) manufacturing plants within the country. This strategic move aims to harness Nigeria's abundant solid mineral resources,...