Business News
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148Naira Depreciation adds ₦17.8 trillion to Public Debt in Three Months
The Debt Management Office (DMO) said naira depreciation alone increased the total debt stock by N17.8 trillion in quarter one (Q1), dismissing...
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135Nigeria Requires ₦348tr to Address Infrastructure Deficit, Says ICRC DG
The Director-General of the Infrastructure Concession Regulatory Commission (ICRC), Michael Ohiani, has said that Nigeria requires N348 trillion to address the infrastructure...
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74NNPC Uncovers Another 165 Illegal Refineries
In the past week, the Nigerian National Petroleum Company Limited said it uncovered another 165 illegal refineries in various locations across the...
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58FG Signs 10-Year Pact with ACCI On Made-In-Nigeria Project
As part of efforts towards promoting and developing the national economy, the Made-in-Nigeria Project Office, under the Office of the Secretary to...
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80Reforms Aim to Navigate Nigeria From Economic Ruin –Tinubu
President Bola Tinubu yesterday reaffirmed his administration’s commitment to steering Nigeria away from economic ruin through a series of comprehensive reforms. Speaking...
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66ID4D Project: Nigeria Secures $45.5m World Bank funding for NIN Push
The World Bank has provided $45.5m to Nigeria’s National Identity Management Commission as part of the Digital Identification for Development (ID4D) project....
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66Oil Ticks Up on Inventory Drawdown Outlook, Middle East Risks
Oil prices inched up during Asian trade on Wednesday despite a surprise jump in U.S. stockpiles, driven by geopolitical risks from the...
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62Electricity Consumers Rise to 12.33m in Q1 2024, says NBS
A report released by the National Bureau of Statistics (NBS) has shown an upsurge in the number of electricity in the first...
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70Court Asks IKEDC, NERC to Reverse Tariff Hike
The Federal High Court sitting in Lagos has restrained Ikeja Electric Plc and the Nigerian Electricity Regulatory Commission from applying, administering and/or...
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71European Stocks Set to Rise, Aussie Gains on CPI
European stocks are set to follow their US peers higher following a choppy Asian session as markets awaited further trading catalysts. The...
