Business News
-
178Oil Set for Weekly Gain on Signs of Improving Demand
Oil prices gained on Friday, with global benchmark Brent set for its first weekly increase in three weeks on signs of improving...
-
476Tinubu Okays Payment of ₦3.3tr Power Sector Debts
As part of the measures to tackle incessant power outages in the country, President Bola Tinubu has approved the gradual payments of...
-
568FAAC: FG, States, LGAs Share ₦1.2tr in May
The three tiers of government shared N1.208 trillion as May 2024 revenue disbursement from the Federation Accounts Allocation Committee (FAAC). The figure is...
-
209PMI Report: Strengthening of Naira Moderated Inflationary Pressure in April
The Stanbic IBTC Bank’s Purchasing Manager’s Index (PMI) showed that the strengthening of the Naira in the foreign exchange market slowed down...
-
288Senate Approves Tinubu’s Request of $500m Loan for BPE
The Senate has approved President Bola Tinubu ‘s loan request amounting $500 million in favour of the Bureau of Public Enterprises (BPE) for...
-
178Reps Advocate Improved Allocations to BoI
The House of Representatives Committee on Industry has canvassed increased budgetary allocations to the Bank of Industry to enable it to meet...
-
174FG to Tackle Power Outages with Two Gas Plants
The Federal Government is set to tackle the power challenges in Nigeria with an additional 500 million standard cubic feet of gas...
-
545‘FIRS Generated ₦3.94tr in Taxes Out of ₦4.8tr Target in Q1’
Executive Chairman, Federal Inland Revenue Service (FIRS), Zacch Adedeji, yesterday disclosed that the service generated a total of N3.94 trillion in tax...
-
499‘FG made ₦318.5b Revenue in Q1’
The Federal Government got a total revenue inflow of N318.5bn in the first quarter of 2024, the Accountant General of the Federation,...
-
209‘252MW Power Plant to Be Operational Soon’
The Managing Director of Niger Delta Power Holding Company (NDPHC), Chiedu Ugbo, has said that the 252 Megawatts Gbarain Power Plant in...
