Business News
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108Fuel Importers Face ₦75bn Monthly Loss after Dangote Price Cut
Importers of Premium Motor Spirit (petrol) may lose an average of N2.5bn daily and N75bn monthly following the latest PMS price reduction...
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138NACCIMA, OPSN Submit Memorandum to National Assembly Against Taxation of FTZ
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) and the Organised Private Sector of Nigeria (OPSN) have submitted...
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99FG, States, LGs Share ₦1.7tr January Revenue
The Federal Government, states, and Local Government councils have shared a total of N1.703tn in Federation Account revenue for January 2025. This...
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121IPMAN Assures Payment of Bridging Claims
Independent Petroleum Marketers Association of Nigeria (IPMAN) yesterday said the Federal Government would soon pay the outstanding bridging claims. Recall that the IPMAN...
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129‘Band B Customers not Paying Enough for Electricity’
There are indications that electricity consumers on Band B may soon pay more as the Minister of Power, Adebayo Adelabu stated that...
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156Importers Fret as Dangote Lowers Petrol Price Again
Importers of petroleum products have lamented the repeated reduction of petrol prices by the Dangote Petroleum Refinery, The PUNCH reports. Some of...
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154Why IOCs Can’t Allocate Enough Crude to Refiners –FG
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has revealed the reason why International Oil Companies are finding it difficult...
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88PETROAN Directs Members Not to Shut Operations Over ₦100b Debt
The Petroleum Retail Owners Association of Nigeria (PETROAN) has called on its members not to shut down their operations over the N100bn...
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122Oil Gains After Trump Cancels Chevron’s Venezuela License
Oil prices climbed for the first time in three days on Thursday, with supply worries resurfacing after U.S. President Donald Trump announced...
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126China-Nigeria Ties Will Bridge $18bn Trade Deficit –MAN, LCCI
The Lagos Chamber of Commerce and industry (LCCI) and the Manufacturers Association of Nigeria (MAN) are optimistic that the collaboration with China...
