Business Archives

business

Power lines in Nigeria against a cloudy sky.

Business News

Nigeria’s Power Generation Drops 37%, Complaints Against DISCOs Surge

Power generation in Nigeria has fallen significantly, leading to increased complaints from electricity consumers.

Business News

Nigeria Offers 40 Oil Blocks to Attract Investment as Production Increases

The Nigerian Upstream Petroleum Regulatory Commission announces a new licensing round for oil blocks amid rising production.

A group of retirees celebrating their pension payments.

Business News

Federal Government Settles N758 Billion Pension Debts for Over 957,000 Beneficiaries

The Nigerian government has cleared pension debts dating back to 2007, benefiting nearly a million retirees.

Participants discussing digital connectivity at the Nigeria Digital Connectivity Investment Forum.

Business News

Nigeria Forum Calls for Investment to Boost Digital Connectivity

Stakeholders urge improved power supply and long-term financing to enhance digital infrastructure in Nigeria.

Participants at the Ibadan Professional Brokers Forum discussing insurance partnerships.

Business News

Insurance Firms Call for Stronger Broker Partnerships to Boost Growth

Consolidated Hallmark Insurance and CHI Life Assurance emphasize collaboration with brokers to enhance Nigeria’s insurance sector.

UK flag waving in front of a Jobcentre building.

Business News

UK Jobcentres Launch Free Careers Advice for Non-Benefit Claimants

People in England not receiving benefits can now get free careers advice at Jobcentres.

A promotional graphic for the CANEX 2026 event in Nigeria.

Business News

Nigeria Aims for Job Creation and Investments at CANEX 2026 Event

The Nigerian government plans to boost investments and create jobs through the upcoming CANEX 2026.

Nigeria Revenue Service warning about fake job advertisement

Business News

Nigeria Revenue Service Warns Against Fake Job Ads for FIRS Positions

The Nigeria Revenue Service alerts the public about a fraudulent job vacancy notice for the defunct FIRS.

Delegates at the CIPM conference discussing the future of work.

Business News

CIPM Conference Highlights Need for Change in Nigeria’s Workplace Management

Nearly 5,000 delegates gathered in Abuja to discuss how organizations must adapt to a changing work environment.

A busy Nigerian port with cargo ships and containers.

Business News

Nigeria Dominates West African Cargo but Struggles with Transshipment Business

Despite controlling 78% of cargo in West Africa, Nigeria faces challenges in port efficiency.

Business News

Naira Gains Slightly Against Dollar in Official Market

The Nigerian naira improved slightly against the US dollar at the Central Bank’s official exchange rate.

Central Bank of Nigeria building in Abuja

Business News

Nigeria’s Central Bank Lowers Interest Rate: What It Means for Citizens

The Central Bank of Nigeria has reduced its interest rate, raising questions about the impact on everyday life.

Indonesian and Nigerian flags symbolizing trade partnership

Business News

Nigeria and Indonesia Enjoy Over $3 Billion in Annual Trade, Says Ambassador

The Indonesian Ambassador to Nigeria highlights strong trade ties and potential for growth between the two nations.

Kenyan President William Ruto with Dangote Group CEO Aliko Dangote

Business News

Kenyan Court Pauses Dangote Refinery Construction Amid Local Opposition

A court in Kenya has halted work on the Dangote refinery in Lamu County due to local residents’ concerns.

Ogun State Governor Dapo Abiodun speaking at a public event.

Business News

Construction of Ogun Deep Sea Port Set to Start in November

Governor Dapo Abiodun announces the beginning of the Gateway Deep Sea Port project in Ogun State.

Governor Alex Otti speaking at an event in Abia State.

Business News

Abia State Shifts Focus from Trading to Manufacturing and Digital Commerce

Governor Alex Otti announces plans to transform Abia’s economy by embracing technology and manufacturing.

Former President Olusegun Obasanjo speaking at a public event.

Business News

Obasanjo Highlights Corruption’s Role in Worsening Poverty in Nigeria

Former President Obasanjo calls for accountability in addressing corruption’s impact on the poor.

Business News

Death Sentence for Kidnapper in Sokoto After Triple Murder

Ibrahim Usman receives the death penalty for kidnapping and killing three people in Sokoto State.

Dr. Obafemi Hamzat speaking to young business leaders in Lagos.

Business News

Lagos Deputy Governor Shares Vision for 2027 Election with Young Leaders

Dr. Obafemi Hamzat discusses plans for innovation and infrastructure with young business leaders.

A political rally in Kwara State with candidates campaigning for the 2027 governorship election.

Business News

Kwara’s 2027 Governorship Race Heats Up with Multiple Candidates in the Mix

The contest for Kwara’s governorship in 2027 is intensifying with various political parties vying for the position.