Firms brace for lower profits amid high energy costs
Several Nigerian businesses are bracing for lower-than-expected first-quarter profits over rising energy costs in Africa’s biggest economy. A BusinessDay survey...
- Monday, June 22, 2026
BusinessDay
Several Nigerian businesses are bracing for lower-than-expected first-quarter profits over rising energy costs in Africa’s biggest economy. A BusinessDay survey...
President Muhammadu Buhari says he has directed Hadi Sirika, the minister for aviation to fast track the construction of the...
Mohammed Bello-Koko, managing director of the Nigerian Ports Authority (NPA), has said that the Lekki Deep Seaport, which has been...
The Federal Government has increased its total borrowing from the Central Bank of Nigeria (CBN) to N18.16 trillion, more than...
When Ayomide Ajayi, a 45-year-old teacher and mother of four, newly moved to Irawo – a suburb along Ikorodu road...
The new year started on a slow but optimistic note, with economic momentum in 2021 spilling into 2022. Oil prices...
The Central Bank of Nigeria (CBN) on Monday retained its benchmark interest rate known as the Monetary Policy Rate (MPR)...
The Economist Intelligence Unit, EIU says Nigeria tapped the international debt market last week for a Eurobond sale of over...
Nigeria’s commercial capital Lagos now relies on off-grid electricity generation through fuel generators for over 80 percent of electricity as...
The 2021 financial performance of Nigeria’s downstream firms despite the absence of deregulation can be likened to cat pulling a...