Business News
-
76FCCPC Engages DisCos on Replacement of Phased-out Metres
The Federal Competition and Consumer Protection Commission (FCCPC) has disclosed that it is partnering with stakeholders to address the ongoing concerns regarding...
-
87NUPRC Blocks Shell’s $2.4b Asset Sale, Approves $1.2b Exxon-Seplat Deal
Nigeria has blocked Shell’s sale of its entire onshore and shallow-water oil operations, but approved a similar deal by Exxon Mobil, Nigeria...
-
80Petrol Prices Soared 64%, Cooking Gas 60% in One Year –Report
The rising cost of energy has continued to take its toll on Nigerians, with petrol prices soaring by 64 per cent year-on-year,...
-
88UK Borrowing Rises Ahead of Budget
Government borrowing rose last month, marking the third-highest September since records began in January 1993. Official figures show that borrowing – the...
-
83FG to Sue DisCos Over Failure to Upgrade Old Installations
The Nigerian Electricity Management Services Agency (NEMSA) has disclosed plans to take legal action against electricity Distribution Companies (DisCos) that fail to...
-
74Oil Prices Dip as Geopolitical Risks Stabilise
Oil prices eased on Tuesday as the top U.S. diplomat renewed efforts to push for a ceasefire in the Middle East and...
-
96FG’s Tax Reforms Prioritise Local Manufacturing, SMEs
The ongoing tax reform process being embarked upon by the federal government is set to prioritise local manufacturers, small and medium-scale enterprises...
-
83Petrol Marketers Import 123m Litres, Continue Talks with Dangote
No fewer than four vessels carrying imported Premium Motor Spirit, popularly called petrol, arrived at seaports situated along the nation’s borders between...
-
83Bill to Protect Local Manufacturers Passes 1st Reading at Senate
A draft legislative bill seeking to protect Nigeria’s raw materials processing and local production has passed the the first reading at the...
-
79Oil Prices Steady After 7% Weekly Drop
Oil prices steadied in early trading on Monday, following a more than 7% drop last week on worries about demand in China,...
