Business News
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142Petrol 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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128Bill 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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114Oil 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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145CNG 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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175FG, 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...
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212FG 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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210Fed 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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233‘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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209Power 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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189SEC 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...
