Business News
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1612025: FG budgets ₦64.88b for Roads’ Maintenance
The Federal Roads Maintenance Agency (FERMA), has proposed a total of N64.88billion for the 2025 budget appropriation for maintenance of Nigeria’s road...
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177Lack of Industrial Policy Stunting Business Growth –MAN
The Manufacturers Association of Nigeria (MAN) has intensified its advocacy for a well-structured industrial policy to transform the nation’s business environment. According...
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181Oil Rises as US Inventory Decline Heightens Supply Concerns
Oil prices gained for a second session on Thursday, supported by worries over supply amid U.S. sanctions on Russia, a larger-than-forecast fall...
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155
₦700b Required to Maintain Federal Roads Annually –FG
The Minister of State for Works, Mohammad Goronyo, has expressed concern that the current budgetary allocation to the Federal Roads Maintenance Agency...
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166Epileptic Power: DISCOs Billing Drops 5.4% to ₦213b
The total amount billed to electricity customers by Distribution Companies (DISCOs) has dropped by 5.4% to N213.62 billion in October 2024 from...
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139Escravos Seaport Deal Faces Brickwall as FG Revalidation Stalls
Promoters of Escravos Seaport Investment Complex (ESIC) has said that development of the project is yet to commence as they are yet...
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Tax Reform Bill: ASUU Warns FG Not to Scrap TETFUND for NELFUND
The Academic Staff Union of Universities (ASUU), Sokoto Zone, has warned the federal government not to phase out the Tertiary Education Trust...
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138Oil Inches Up, but Uncertainty Over Sanctions Impact Caps Gains
Oil prices rose on Wednesday trimming losses from the previous day, as the focus turned back to potential supply disruptions from sanctions...
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135NCSP to Bolster China-Nigeria Economic Co-operation
The Director-General, Nigeria–China Strategic Partnership (NCSP), Joseph Tegbe, is currently visiting China to bolster China-Nigeria relations and to foster economic and sustainable...
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173Marketers Shift to Dangote Refinery as Petrol Depot Price hits ₦950/Litre
The Independent Marketers Association of Nigeria, IPMAN, said it has shifted loyalty to the Dangote Petroleum Refinery as the depot price of...
