Business News
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140Nigeria’s FX Reserve Rises to $32.8b after 10-week Slump
After a 10-week dip of $1.8bn, Nigeria’s foreign exchange reserve has shown a steady increase over the past six days, indicating a...
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167States Work on Total Electricity Subsidy Removal, New Tariff
State governments are getting set to eliminate electricity subsidies in their territories as more states gear up to join others in running...
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149NUPRC Examines 26 Oil Assets’ Divestment to Local Firms
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is auditing potentiality, including, both technical and financial standings of local oil firms currently itching...
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146Oil Climbs on Hopes of Summer Fuel Demand
Oil prices edged up on Monday, aided by hopes of rising fuel demand this summer despite being weighed down by a firmer...
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128Euro Sinks, Stocks to Drop on EU Vote Outcome
The euro fell to its lowest in a month after French President Emmanuel Macron called a snap vote in the wake of...
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437Energy Transition: FG Targets 30% Electricity from Renewable Energy
As part of strategies to achieve its Energy Transition Plan (ETP), the Federal Government, at the weekend, announced a 30 per cent...
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276‘We are Retooling our Financial System to Bring Prosperity and Relief’
President Bola Tinubu says his administration is prioritising people-focused development by providing essential infrastructure and amenities that will improve the quality of...
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173Minister Presents Cost Implication of Proposed Minimum Wage to President
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, yesterday submitted to President Bola Ahmed Tinubu cost implication of a...
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161Reps to Probe MDAs’ Investment in Renewable Energy
The House of Representatives on Thursday mandated its committee on renewable energy to investigate Ministries, Departments, and Agencies with dealings in investment,...
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125Edun Presents Economic Stability Plan to Tinubu
A document containing strategies that will help the stalling Nigerian economy regain buoyancy has been presented to President Bola Tinubu by the Minister...
