Business News
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183Reps 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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176Oil 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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206CBN: 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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217FG 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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1311.3 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...
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169Number of Fatalities in Electricity-related Cases Rose 47% in Q2 –NERC
The number of Nigerians that died in electricity-related incidents rose to 47.8 per cent in the second quarter of 2024, hitting 34...
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139Majority of Nigeria’s Oil Pipelines are Obsolete –Minister
The Minister of State Petroleum Resources (Oil), Heineken Lokpobiri, yesterday said that oil pipelines in the country had become obsolete, reason the...
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141Rising Cost Shrinking Profits, Threatening Companies’ Existence –MAN
The Manufacturers Association of Nigeria (MAN) on Monday lamented that the ‘high and rising’ cost environment has continued to shrink profitability and,...
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75NNPC Sells PMS to IPMAN at ₦995/Litre
The Nigerian National Petroleum Company Limited has agreed to sell Premium Motor Spirit (petrol) to members of the Independent Petroleum Marketers Association...
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123Only Six of 42 Deep Offshore Licences Developed in 30yrs –NUPRC
The Nigerian Upstream Petroleum Regulatory Commission has disclosed that only six out of the 42 deep offshore licences it granted in the...
