Business

Manufacturers forecast stronger 2026 output but say policy execution will decide the results

MAN projects improved manufacturing performance in 2026 but warns structural constraints like power, logistics and financing costs could limit gains without effective policy execution.
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Business

Fidelity Bank Boosts Lagos Fire Response With Equipment Donation

Fidelity Bank has donated firefighting equipment to the Federal Fire Service in Lagos, highlighting corporate support for emergency response capacity.
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Business

Nigeria’s gas supply rises in November as regulator cites higher plant utilisation

NMDPRA data cited by The Punch shows Nigeria’s daily gas supply rose to 4.684 bscf/day in November 2025.
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Business

Explosion kills seven employee at Benin River Valve Station – NNPC

An explosion at Gbetiokun, OML 40 oil field operated by the Nigerian Petroleum Development Company (NPDC), on behalf of the NPDC/Elcrest Joint Venture has...
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Business

Power distributors begin rollout of 700,000 ‘free’ prepaid meters under regulator pressure

DisCos have begun rolling out plans for 700,000 prepaid meters as NERC pushes harder to close the metering gap and curb estimated billing.
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Business

Kariya Energy Set to Acquire Oil & Gas Assets in Mozambique, Nigeria, Senegal, Others

After spending 16 months reviewing data from various the International Oil Companies (IOCs), Kariya Energy Monday announced its readiness to enter into various definitive...
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Business

Revenue Service Pushes E-Invoicing as New System Integrators Get Accreditation

Nigeria’s revenue authorities are accelerating e-invoicing adoption by accrediting new integrators to help businesses connect to national tax systems.
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Business

African Energy Chamber’s Committee Harps on Local Content as a Panacea Towards Africa’s Economic Recovery

African Energy Chamber's Local Content Advisory Committee has held its first meeting, placing local content development at the core of its activities towards the...
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Business

Private Capital Lines Up to Take Over and Toll Lagos–Calabar Coastal Highway Section 1

Four investors reportedly want to reimburse costs for Section 1 and run it as a tolled concession—raising fresh questions about transparency and affordability.
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Business News

CAMA Will Help Fight Corruption, President Buhari Explains At UNGA High-Level Summit

President Muhammadu Buhari Thursday explained that the recently passed Companies and Allied Matters Act, 2020 (CAMA) in Nigeria will enhance transparency and corporate accountability...
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