Business News
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74Govt to Regulate Gas Terminals, Sets Penalties
The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, is set to begin the monitoring and regulation of gas...
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67Oil Falls as US Storm Threat Abates, China Stimulus Disappoints
Oil prices extended declines on Monday as the threat of a supply disruption from a U.S. storm eased and after China’s stimulus...
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67Vandals Destroy Power Towers Along Lokoja–Gwagwalada Lines
As Nigerians await the full restoration of power supply to areas affected by the recent vandalisation of the 330kv Shiroro-Kaduna lines, the...
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143
NCDMB Advocates Investment Week to Boost Crude Oil Production
As part of the strategies to increase Nigeria’s crude oil production and enhance revenue accruing to the national treasury, the Nigerian Content...
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163FG Panel Blames Poor Maintenance for Grid Collapses
The Federal Government has revealed that a poor maintenance culture and inadequate and aged equipment, among other challenges, are the underlying reasons...
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155Most Asian Stocks Gain as Traders Mull Trump
Most Asian shares rose, following their US peers higher, as investors positioned for a second Donald Trump presidency and an expected Federal...
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158Asset Providers Increase Meter Prices for DisCos
Meter Asset Providers (MAP) have increased the prices of prepaid electricity meters, marking the second price increase in barely four months. This...
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217
Trump Trades Gain Momentum as US Stocks, Yields Up
A slew of trades around the world tied to Donald Trump’s rising presidential prospects notched decisive moves, with stock futures extending gains,...
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183Reps to Probe Ministers Over $2b Energy Fund
The Ministers of Agriculture and Food Security, Abubakar Kyari, his Science, Technology, and Innovation counterpart, Uche Nnaji, and Budget and Economic Planning,...
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37FG’s Negative Net Assets Hit ₦39tr in 2021, Orders MDAs to Expedite Rendition
The Accountant General of the Federation (AGF), Oluwatoyin Madein, yesterday decried the slow pace of legacy asset rendition by Ministries, Departments, and...
