Business

Consumers pay N1.2trn for electricity in six months — NERC

Consumers pay N1.2trn for electricity in six months — NERC

By Obas Esiedesa, Abuja Electricity consumers across Nigeria paid about N1.2 trillion for power consumed in the first six months of 2026, according to data released by the Nigerian Electricity Regulatory Commission (NERC). The figure represents revenues collected by the 11 electricity Distribution Companies (DisCos), based on NERC’s monthly commercial performance reports between January and […]
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My ultimate goal is to go into manufacturing  —Nzube Odina

My ultimate goal is to go into manufacturing —Nzube Odina

“I thought about what everybody needs everyday, something that people will always want, that you don’t necessarily have to go begging people to buy. “I narrowed it down to food because I believe that food is very important, everybody needs food. So I did a Google search on companies that are doing well in food with whom we would partner and start distributing their products for a start.

IGI’s new MD to restructure operations, reposition firm

IGI’s new MD to restructure operations, reposition firm

The newly appointed Group Managing Director of Industrial and General Insurance Plc, (IGI), Mr. Rotimi Fashola has said that he has concluded plans to restructure its operations and repositioning the entire organisation for optimum performance for the benefit of its investors and all stakeholders. Fashola disclosed this when the company hosted the February edition of Members Evening of the Nigerian Council of Registered Insurance Brokers (NCRIB) in Lagos.

Relationship marketing: Between experience & customized Coke

Relationship marketing: Between experience & customized Coke

The adage “the Customer is king” has never been closer to reality than in today’s marketplace where the consumer does not only exercise choice among competing brand offerings but does define and even dictate the offerings. Today’s consumers want more than the functional satisfaction of a product or an informative and interesting advertisement.

Lafarge, Shelter Afrique seal affordable housing deal

Lafarge, Shelter Afrique seal affordable housing deal

Lafarge Africa Plc has signed a Memorandum of Understanding (MoU) with Shelter Afrique, a pan-African housing and development institution, for the purpose of facilitating access to affordable housing for low income earners in Nigeria. The agreement which will commence with the development of identified sites at the Federal Capital Territory, Abuja, will be for an initial period of four years. The development is meant to boost housing stocks for the middle and low-income classes of Nigerians.

Dangote set to complete world largest refinery, fertilizer, rice plants

Dangote set to complete world largest refinery, fertilizer, rice plants

The management of Dangote Group, has said, that its focus now is to develop its multi-billion dollar new businesses to appreciable level this year to meet its completion timelines, as the group is putting in place infrastructure for business projects such as Refinery, gas, fertilizer and rice production.