Business News
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270FG Plans ₦2tr Economic Revival Scheme, Inaugurates Council
The Federal Government has presented the outcomes of its review of the accelerated stabilisation and advancement plan, which seeks to inject N2tn...
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231Senate Probes $5.79b Mambilla Power Project Contract
The Senate yesterday directed its standing committees on Appropriation, Power and Finance to investigate the entire Mambilla Hydro Electric Power Project (MHEPP)...
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219European Stock Futures Steady, Yen Rebounds
European stocks were set for a steady start after Asian shares rallied after economic data supported the case for Federal Reserve interest-rate...
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177We Have Made Progress in Forensic Probe into ₦30tr Loans –Edun
The Federal Government has made progress in the forensic probe into the N30 trillion Ways and Means loans advanced to the immediate...
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249Band A Electricity Consumers Tariff now ₦209.50/kWh
For the third time in four months, the Nigerian Electricity Regulatory Commission (NERC), yesterday, approved another round of upward review of electricity...
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164Oil Prices Slip After Data Points to Cooling U.S. Economy
Oil prices fell in early trade on Thursday after U.S. employment and business activity data came in weaker than expected, in signs...
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187UK, Nigeria Trade Balance Hits €35b, with Nigeria Leveraging Over €10b
Nigeria’s trade exchange with the United Kingdom has grown to about €35 billion as at last year, accounting for about one-third of...
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103NIMC: Senate Moves to Harmonise Identify Cards Systems across MDAs
The Senate yesterday passed for second reading, a bill to strengthen the regulatory duties of the National Identity Management Commission (NIMC) and...
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99Electricity: Metered Consumers Decline 0.21% to 5.9m
The total number of metered customers declined by 0.21 percent, month-on-month, MoM to 5.977 million in May 2024 from 5.990 million recorded...
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216Capital Importation Rises 210% to $3.38b
Capital importation into the country grew Quarter-on-Quarter (QoQ) by 210 percent to $3.38 billion in the first quarter of 2024 (Q1’24) from...
