Business Archives - News Desk Nigeria

India Offers Nigeria Power-Sector Technology To Drive Industrial Growth

NewsDeskNgAug 15, 2026August 15, 20260

India offers Nigeria power-sector expertise and technology, seeking stronger cooperation to improve electricity supply and accelerate industrialisation across the country. India has offered to share its power-sector technology, regulatory experience and technical expertise with Nigeria as part of efforts to tackle the country’s persistent electricity challenges and create the stable...

Access Leads Nigeria’s Employers of CFA Candidates, Ranks Second for Charterholders

NewsDeskNgAug 13, 2026August 13, 20260

CFA Society Nigeria data shows Access with 82 candidates, more than twice the number recorded by its nearest-ranked institution. Access has emerged as the largest employer of Chartered Financial Analyst (CFA) candidates in Nigeria, according to new data from CFA Society Nigeria, highlighting the financial services group’s growing investment in...

Tinubu Targets Doubling Nigeria’s $32bn Livestock Economy

NewsDeskNgAug 10, 2026August 10, 20260

President Tinubu says Nigeria will more than double livestock’s $32bn contribution by expanding production, processing, jobs and investment. President Bola Tinubu has said his administration is targeting more than doubling the livestock sector’s contribution to Nigeria’s economy, currently valued at more than $32bn annually. Tinubu, represented by the Secretary to...

Etihad Airways To Resume Lagos Flights In March 2027 After Signing Air Peace Codeshare, Eyes Abuja Expansion

NewsDeskNgJul 24, 2026July 24, 20260

Etihad Airways announces daily Lagos flights from March 2027, signs Air Peace codeshare, as Nigeria pushes for Abuja operations. Etihad Airways has announced plans to resume flight operations to Nigeria, with daily services to Lagos expected to commence between March 24 and 27, 2027, marking the airline’s return to the...

NUPRC: 163 Host Community Trusts Now Operational Under PIA

NewsDeskNgJul 24, 2026July 24, 20260

NUPRC says 163 host community trusts have attracted billions of naira, funding over 1,100 development projects across the Niger Delta. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Thursday revealed that not less than 163 Host Communities Development Trusts (HCDTs) had been incorporated nationwide under the Petroleum Industry Act (PIA)....

Air Peace, Etihad Forge Partnership To Expand Nigeria, Africa, UAE Connectivity

NewsDeskNgJul 22, 2026July 22, 20260

Excerpt: Air Peace and Etihad Airways have signed an interline agreement connecting 20 destinations across Nigeria, West and Central Africa with Abu Dhabi. Air Peace and Etihad Airways have signed Excerpt: Air Peace and Etihad Airways have signed an interline agreement connecting 20 destinations across Nigeria, West and Central Africa...

Access Bank Wins 16 Euromoney Awards, Strengthens Global Banking Standing

NewsDeskNgJul 18, 2026July 18, 20260

Access Bank secures 16 Euromoney honours, reinforcing its global reputation through innovation, customer excellence and sustainable banking leadership. Access Bank Plc has won 16 honours at the Euromoney Awards for Excellence 2026, strengthening its position as one of Africa’s leading financial institutions and expanding its global standing. According to a...

Nigeria’s Foreign Reserves Hit $51.86 Billion, Highest In More Than 17 Years

NewsDeskNgJul 16, 2026July 16, 20260

Nigeria’s foreign reserves have risen to $51.86 billion, marking their highest level in more than 17 years and surpassing the Central Bank of Nigeria’s (CBN) full-year projection for 2026. Figures released by the CBN show that the country’s gross external reserves stood at $51.86 billion as of Tuesday, July 14,...

FCCPC Seals Up 3 Milk Factories in Onitsha, Arrest One, Confiscate Equipment

NewsDeskNgJul 14, 2026July 14, 20260

Officials of the Federal Competition and Consumer Protection Commission (FCCPC), yesterday sealed up three factories in Awada area of Onitsha over non-compliance with acceptable production standards. The enforcement team of the commission who raided the factories destroyed freshly produced milk, which were in containers and being scooped into cans. The...

Senate Probes N34tn Import Duty Waivers, Warns MDAs Over Revenue Accountability

NewsDeskNgJul 14, 2026July 14, 20260

Senate investigates N34 trillion import duty waivers, warns defaulting MDAs of sanctions and demands accountability for revenue losses. The Senate Committee on Finance on Monday opened a fresh probe into the federal government’s issuance of Import Duty Exemption Certificates (IDEC) valued at about N34 trillion between March 1, 2000 and...