Business News
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221Senate to Stop Enforcement of Electrical Standards by States
The National Assembly has hinted at its plans to amend the 2023 Electricity Act. It said the amended act will seek to...
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208Oil Up on Demand Hopes from China’s ‘Looser’ Monetary Policy
Oil prices rose on Wednesday, with market participants expecting demand to rise in the world’s largest crude importer after Beijing announced a...
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181‘We Are Not Opposed to Tinubu’s Tax Reform’
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has denied opposing the four tax reform bills, which are currently before the National...
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302Chinese Shares Lead Asia Gains on Stimulus Signals
Chinese shares led gains in Asian equities after the nation’s top leaders signaled bolder stimulus next year to revive the struggling economy....
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171Oil Producers, NMDPRA Differ on Petroleum Levy Collection
Oil producers and the Nigerian Midstream and Downstream Petroleum Regulatory Authority on Monday expressed diverse opinions over who should collect the 0.5...
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168Non-Compliance with PPP Agreements Under ICRC Act Illegal –FG
The federal government has issued a firm directive to all Ministries, Departments, and Agencies (MDAs), mandating full compliance with the National Policy...
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211Nigeria Earns ₦73tr from Oil Export in 21 Months Amid Surging Govt Borrowing
Nigeria’s total crude oil export revenues hit N73 trillion in the 21 months spanning January 2023 to September 2024, THISDAY’s analysis of...
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162Oil Prices Ease, but China Policy Stance Checks Losses
Oil prices slipped on Tuesday as concerns eased about the fallout from Syrian President Bashar al-Assad’s overthrow, but the market found support...
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241
States Capital Projects Suffer Delay Over ₦4.5tr Funding Shortfall
About 29 state governments currently face a deficit of N4.25tn in funding capital projects, as this has resulted in the delay of...
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12932 States, FCT Record Zero Foreign Investment in 2024
A total of 32 out of 36 states and the FCT attracted zero capital importation (foreign investment) in the first 9 months of...
