Business

The 476-megawatt capacity Alaoji power plant in Abia State has not generated any electricity in the past six months, the Nigerian Electricity Regulatory Commission said in a report. Alaoji, …

The Minister of Aviation and Aerospace Development, Festus Keyamo, has warned contractors in the aviation sector to refrain from delivering substandard construction work, stressing that any contractor found cutting …

The Nigerian Shippers Council has concluded plans for paperless port operations to improve port efficiency in the country. The Executive Secretary/Chief Executive Officer of the council, Pius Akutah, disclosed …

For the second day running, investors in the Nigerian equities market lost N68 billion at the close of trading on Wednesday. This followed the dip in the share prices of …

Tesla reported a hefty drop in second-quarter profits Tuesday due to the effect of price cuts while spending aggressively on autonomous driving and other technology. Elon Musk’s electric vehicle …

The National Assembly has passed the N6.2tn budget amendment bill for the third reading, as the Federal Government is to spend about N2tn on the Lagos-Calabar highway and other …

The Organised Private Sector has declared that the hike in the Monetary Policy Rate of the Central Bank of Nigeria would raise the cost of borrowing from banks, worsen …

The Association of Housing Corporations of Nigeria’s President, Eno Obongha, speaks on industry issues with JOSEPHINE OGUNDEJI, including the nation’s persistent building collapse How would you access Nigeria’s housing …

The Securities and Exchange Commission in collaboration with the African Development Bank, have called for a heightened embrace of green finance as a strategy to combat climate change and …

A non-governmental organisation, Global Alliance for Incinerator Alternatives Nigeria, has kicked against the planned establishment of waste to the energy plant by the Lagos State Government. Addressing journalists on …