Business News
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222Discos List Conditions for ₦500b NASS Recapitalisation Plan
Electricity distribution companies have listed the conditions for accepting the National Assembly’s N500bn recapitalisation plan for each of the 11 Discos nationwide....
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184Oil Prices Edge Up on Geopolitical Tensions
Oil prices rose marginally on Thursday as geopolitical concerns over escalating tensions between Russia and Ukraine countered the impact from a bigger-than-expected...
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185Petrol Price Soared by 87.88% in One Year
The National Bureau of Statistics (NBS) yesterday said the average retail price of the Premium Motor Spirit (PMS) rose by 87.88 per...
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253Stocks Lack Direction Ahead of Nvidia Earnings
Stocks in Asia fell while futures pointed to a muted open in Europe as traders were in wait mode before Nvidia Corp.’s...
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163Senate to Approve Tinubu’s $2.2b Loan Request
The Senate will approve the $2.2bn (about N1.77tn) loan request of President Bola Tinubu today (Wednesday). This request, submitted by the President,...
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139‘Investments in Road Infrastructure Will Boost Economy’
The Minister of Works, David Umahi, has said despite opposition from some quarters, President Bola Tinubu’s investments in critical road infrastructure across...
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171NERC to DisCos: Customers Not Responsible for Replacing Faulty Meters
The Nigerian Electricity Regulatory Commission (NERC) has warned electricity distribution companies (DisCos) to refrain from instructing customers to pay for the replacement...
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140‘Nigeria’s Macroeconomic Environment Now Stable, Investor-Friendly’
The macroeconomic environment in Nigeria is now stable and investor-friendly, the Minister of Finance and Coordinating Minister for the Economy, Wale Edun,...
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147Oil Prices Gain on Supply Outages, Caution Over Russia-Ukraine War
Oil prices edged up on Tuesday, extending the previous day’s rally driven by a halt in production at Norway’s Johan Sverdrup oilfield,...
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179FG to Support Nigerian Businesses’ African Expansions
Minister of State for Trade and Investment (Industry), John Enoh, has reaffirmed Federal Government’s support for Nigerian businesses within the larger African...
