Business News
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174FG Orders Discos to Replace Phased-out Meters
The Federal Government has declared that electricity distribution companies must replace any meter phased out due to a meter upgrade. It declared...
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185Fed Govt’s Deal Opens Dry Lease Access to Airlines
The Federal Government has signed the Irrevocable De-Registration and Export Request Authorisation (IDERA) to enable airline operators to access dry lease aircraft....
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192‘Nigeria to Boost Oil Production with FPSO Project’
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has said the local upgrade of the FPSO Tamara Nanaye, a Floating...
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175Power Grid Collapse Inevitable –FG
The Minister of Power, Adebayo Adelabu, says there is a need to have power grids in different regions or states to put...
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154SEC Cautions against Indiscriminate Issuance of Debt Instruments by Subnationals
The Securities and Exchange Commission (SEC) has urged Capital Market Operators (CMOs) in Nigeria to review the proclivity of issuance of debt...
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153Reps Ask FG to Reverse Fuel, Cooking Gas Price Hike
The House of Representatives has called on the federal government to reverse the recent fuel pump price hike and take immediate steps...
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150Oil Edges Up from Two-week Lows as Investors await US Inventory Data
Oil prices edged higher on Thursday from two-week lows, with investors eyeing developments in the Middle East and more details on China’s...
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180CBN: IMTO Inflows Increased by 47% to $2.33bn in Six Months
Data released by the Central Bank of Nigeria (CBN) showed that Inflows through International Money Transfer Operators (IMTOs) grew by 47 per...
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181FG Plans Cash Transfer for 20 million Poor Nigerians
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that the increase in Nigeria’s revenue recorded in...
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102
1.3 million Meters to be Delivered in December –Minister
No fewer than 1.3 million meters will be delivered between December and the second quarter of 2025. The Minister of Power, Adebayo...
