Business News
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1.9KFG, ISA Unveil $500m Fund for Solar Growth
The Federal Government, in collaboration with the International Solar Alliance, has launched a $500m Distributed Renewable Energy Nigeria Fund to accelerate solar...
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2.0KRaw Shea Exports Suspended To Boost Global Competitiveness: Minister
Nigeria is positioning itself to become a global leader in the shea industry following President Bola Tinubu’s recent decision to temporarily suspend...
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2.4K
FG Rolls Out Solar Hybrid Mini-Grids to Power Healthcare Centres Nationwide
Minister of Power, Adebayo Adelabu, disclosed this in Abuja during a meeting with state commissioners for energy on electricity development at the...
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1.8KFG Reserves Contracts Below ₦20b for Local Firms –Umahi
The Minister of Works, David Umahi, says contracts below N20bn have been reserved for local firms. Umahi made this disclosure during an...
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1.9KEdun, Oyedele Say No Plan to Implement 5% Fuel Surcharge in January
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun and the Chairman of the Presidential Committee on Fiscal Policy...
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2.0KOil Rises On Modest OPEC+ Output Hike Decision, Russia Supply Woe
Oil prices gained on Tuesday after OPEC+ decided to increase production by less than what market participants had anticipated, while concerns over...
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2.5KOPS Rejects 5% Fuel Surcharge, TUC Threatens Strike
The Trade Union Congress has threatened to call a nationwide strike within two weeks if the Federal government fails to scrap the...
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2.0KFG Seeks $500m World Bank Loan to Revamp Power Distribution
To salvage Nigeria’s troubled power sector, the Federal Government has disclosed that it is working with the World Bank to secure a...
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2.6KYen Weakens, Japan Stocks Gain as Ishiba to Depart
The yen fell and Japanese stocks advanced after Prime Minister Shigeru Ishiba said on the weekend that he intends to step down....
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2.4KNo Directive to Increase CNG Price
The Presidential Initiative on Compressed Natural Gas (P-CNGI) says no directive or policy has been issued by the Federal Government to alter...
