Business News
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240Govt Budgets ₦1tr for 468 Roads Construction, Rehabilitation
The Federal Government through the Ministry of Works plans to rehabilitate and construct a total of 468 roads and highways across the...
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281Discos Reject 10% Load Offtake as ATC & C Losses Rise 4% in Q3
The perennial challenge of ‘load rejection’ by electricity Distribution Companies (Discos) in Nigeria continued in the third quarter of 2024, with the...
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282P’Harcourt Refinery Resumes Petrol Loading
After one week of inactivity, the Port Harcourt Refining Company has resumed the trucking out of Premium Motor Spirit otherwise called petrol....
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250FG to pay ₦464b Subsidy as DisCos Generates ₦466b in Q3
The federal government incurred the sum of N464.12bn as subsidy payment in the electricity sector for the third quarter of 2024, a...
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187Marketers Slash Petrol Pump Price in Lagos, Abuja
Petrol prices yesterday crashed for the first time post-deregulation era. The crash can be attributed to a reduction in ex-depot price of...
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212Oil Gains as Cooling US Inflation Points to Possible Easing
Oil prices rose on Monday as lower-than-expected U.S. inflation data revived hopes for further policy easing, although the outlook for a supply...
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199₦20b Auto Finance Scheme Kicks Off January –NADDC
The National Automotive Design and Development Council, NADDC, says it will commence disbursement of a N20 billion automobile consumer credit fund from...
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190Stocks Rise on Fed Cut Bets; Dollar Stabilizes
Asian stocks rebounded from last week’s selloff as muted US inflation helped reignite Federal Reserve rate cut bets. The dollar steadied after...
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250
Petrol to Sell ₦935/Litre from Today –IPMAN
The Independent Petroleum Marketers Association of Nigeria has said that petrol is going to sell at N935 per litre beginning from Monday...
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118NACCIMA, FG Partner to Drive Business Competitiveness, Economic Growth
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) and the Federal Ministry of Industry, Trade and Investment (FMITI)...
