Business News
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368₦70,000 Minimum Wage: States’ Salaries Rise by 90% to ₦3.8tr
The amount budgeted for personnel costs, including salaries and allowances to state civil servants, has increased from N2.036tn spent in 2024 to...
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391Oil Climbs as Investors Weigh New US Tariffs
Oil prices ticked higher on Monday even as investors weighed U.S. President Donald Trump’s latest tariff threat, this time on all steel...
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196Tolling is for Sustainable Road Infrastructure in Nigeria –BPE
The Director General of the Bureau of Public Enterprises (BPE), Ayodeji Ariyo Gbeleyi, has said tolling operations on Nigerian roads will mark...
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189Manufacturers Call for Reconsideration of Proposed 15% Hike in Port Charges
The Manufacturers Association of Nigeria (MAN) has implored the Nigerian Ports Authority (NPA) to pull the breaks on the proposed 15 per...
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280LCCI, Others Call for Suspension of 4% Freight Fee
Stakeholders in the nation’s economy have advised the Nigerian Customs Service (NCS) not implement four per cent Freight on Customs System (FCS)...
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268
FG Reawards 2nd Niger Bridge Bypasses, Fast- tracks Lagos-Calabar, East-West Road Projects
The Federal Government has approved the reaward of two critical bypasses on the 2nd Niger Bridge, linking the Asaba-Benin and Enugu-Onitsha dual carriageways....
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439Oil Set for Third Straight Weekly Decline Amid Tariff Concerns
Oil prices rose marginally in Asian trade on Friday but were on track for a third straight week of decline, hurt by...
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256
New FOB Charge Will Worsen Production Costs –OPS
The Chairman of the Organised Private Sector of Nigeria, Dele Oye, has called on the federal government to either suspend the implementation...
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248Reps Demand Halt in IOCs Divestments
The House of Representatives has called on the Federal Government to halt applications for divestment by International Oil Companies including Shell and...
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288PETROAN Backs Ban on Exportation of Crude Oil Allocated to Local Refineries
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has commended the federal government for banning the exportation of crude oil...
