Business News
-
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...
-
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...
-
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...
-
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...
-
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...
-
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....
-
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...
-
2.9KOil Prices Extend Losses as OPEC+ Considers Another Output Hike
Oil prices slid on Thursday, extending a decline of more than 2% in the previous session, as investors and traders look ahead...
-
2.7K
Contractors Protest Unpaid ₦4tr Capital Projects Arrears
Local contractors under the All Indigenous Contractors Association of Nigeria, on Wednesday, staged a protest at the Headquarters of the Ministry of...
-
2.8K
CNG Price Hits ₦450/SCM as FG Withdraws Subsidies
Amid long queues and insufficient refilling stations, the cost of one standard cubic metre of Compressed Natural Gas has jumped from N230...
