Business News
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159Petrol Price Soared by 87.88% in One Year
The National Bureau of Statistics (NBS) yesterday said the average retail price of the Premium Motor Spirit (PMS) rose by 87.88 per...
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217Stocks Lack Direction Ahead of Nvidia Earnings
Stocks in Asia fell while futures pointed to a muted open in Europe as traders were in wait mode before Nvidia Corp.’s...
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127Senate to Approve Tinubu’s $2.2b Loan Request
The Senate will approve the $2.2bn (about N1.77tn) loan request of President Bola Tinubu today (Wednesday). This request, submitted by the President,...
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111‘Investments in Road Infrastructure Will Boost Economy’
The Minister of Works, David Umahi, has said despite opposition from some quarters, President Bola Tinubu’s investments in critical road infrastructure across...
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137NERC to DisCos: Customers Not Responsible for Replacing Faulty Meters
The Nigerian Electricity Regulatory Commission (NERC) has warned electricity distribution companies (DisCos) to refrain from instructing customers to pay for the replacement...
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105‘Nigeria’s Macroeconomic Environment Now Stable, Investor-Friendly’
The macroeconomic environment in Nigeria is now stable and investor-friendly, the Minister of Finance and Coordinating Minister for the Economy, Wale Edun,...
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111Oil Prices Gain on Supply Outages, Caution Over Russia-Ukraine War
Oil prices edged up on Tuesday, extending the previous day’s rally driven by a halt in production at Norway’s Johan Sverdrup oilfield,...
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143FG to Support Nigerian Businesses’ African Expansions
Minister of State for Trade and Investment (Industry), John Enoh, has reaffirmed Federal Government’s support for Nigerian businesses within the larger African...
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134Disco Blames Load Rejection on Underpayments by Customers
The acting Managing Director/CEO of the Abuja Electricity Distribution Company, Chijioke Okuwuokenye, has stated that the burgeoning debts and electricity overloading are...
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140Dangote, IPMAN Sign 240m Litres Monthly Petrol Deal
The Dangote Petroleum Refinery has offered to supply 60 million litres of Premium Motor Spirit, popularly called petrol, to the Independent Petroleum...
