Busines

Power generation has significantly decreased, according to the Nigerian Independent System Operator (NISO). According to a statement, the shutdown of Egbin Power Station, the biggest electricity generating plant on the…

Concerns about Nigeria's macroeconomic outlook were voiced yesterday by the Lagos Chamber of Commerce and Industry (LCCI), which cautioned that expansionary fiscal policies, growing public debt, and rising inflation could…

Citing non-compliance and subpar performance, the House of Representatives has ordered 11 electricity distribution companies (DISCOs) to return N55.42 billion in loans they received under the National Mass Metering Programme…

MTN Nigeria reported a pre-tax profit of N546.421 billion, up 169.64% year over year, in its unaudited financial results for the first quarter that concluded on March 31, 2026. The…

Following the most recent price increase by the Dangote Refinery, the price of Premium Motor Spirit (PMS), also known as gasoline, is getting close to N1,400 per litre in a…

Following the introduction of a new pricing benchmark by the Dangote Petroleum Refinery, which set the gantry price of aviation fuel (Jet A1) at N1,820 per litre, Nigeria's aviation industry…

By utilising its abundant cassava resources and bolstering agro-industrial systems, Nigeria can reverse its estimated 300–350 million litres of ethanol imports annually, according to insights from the Nigeria Cassava Investment…

Vanguard Media Limited has selected Seleem Adegunwa, Managing Director of Rite Foods Limited, Industrialist of the Year. This was given in appreciation of his audacious leadership, business acumen, and the…

A well-known African proverb states, "There is no better mirror than a true friend." When evaluating the long-standing partnership between China and Africa, this adage is highly appropriate. This is…

To improve accountability, transparency, and compliance monitoring throughout more than 700 Ministries, Departments, and Agencies (MDAs), the Federal Character Commission (FCC) has introduced a new website and integrated digital platform.…