Business

This is a general business interest blog that spans across finance, economy, manufacturing, commerce and stocks locally and beyond.

June 21, 2018

NERC suspends directors, mgt staff of Ibadan DisCo over N6bn misappropriation

The Nigerian Electricity Regulatory Commission (NERC) has suspended the Board of Directors and other key management staff of Ibadan Electricity Distribution Company (IBEDC) for failing to […]
June 21, 2018

National public debt rises to N22.7trn in Q1’18

Nigeria’s public debt rose by 4.5 percent to N22.7 trillion in the first quarter of 2018 (Q1’18) due to increased domestic borrowing by state governments and […]
June 21, 2018

Buhari signs 2018 budget, kicks as lawmakers inject 6,403 projects

President Muhammadu Buhari President Muhammadu Buhari has finally signed the 2018 Appropriation Act. He signed the document a few minutes after midday on Wednesday in his […]
June 20, 2018

Court fines Apple $6.7 million over iPhone ‘bricking’ case

Australian court on Tuesday fined U. S. electronics giant Apple A$9 million (6.7 million dollars) for “bricking” . The fine was done after a regulator accused […]