Business News
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96Petrol 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,...
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103UK 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...
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94FG 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...
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85Oil 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...
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109FG’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...
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100Petrol 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...
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96Bill 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...
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90Oil 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,...
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105CNG Is Safe, Use Only Approved Conversion Centres, PCNGI Urges Motorists
Presidential Compressed Natural Gas Initiative (PCNGI) has assured Nigerians of CNG-powered vehicles following a recent explosion of a CNG-powered vehicle in Benin...
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109FG, States, LGs Share ₦1.298tr September Revenue –FAAC
The Federal Government, states, and Local Governments have shared N1.298tn generated in September 2024 and distributed in October. This was according to...
