Industry & Money
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171Forex Allocations for Fuel Imports Rise to $1.25b
The Central Bank of Nigeria says it released a total sum of $1.25 billion to oil sector operators for the importation of...
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191NCC, Telcos Plan Infrastructure Upgrade With Tariff Hike Proceeds
Nigerian mobile operators have agreed to channel the revenue from the proposed 100 per cent tariff increase into major network infrastructure upgrades...
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29Pension Fund Investment in Real Estate Shrinks to ₦20b
The Pension Fund Operators Association of Nigeria has revealed that the dearth of real estate investment trusts on the market has seen...
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21960,383 Telecom Subscribers Switch Providers In Search Of Better Service
In the space of one year, 60,383 Nigerian telecom subscribers ported to other networks in search of improved services, according to the...
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213AI Gets Personal
As AI tools move into our phones – Apple, Google and Samsung have all launched services that can edit photos, translate languages...
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26NERC: Discos Received 328,696 Complaints, Refunded ₦207.4m Credit to Customers in 3 Months
The number of customer complaints across all the electricity Distribution Companies (Discos) hit 328,696 in Q3, 2024, climbing 14.35 per cent when...
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100Nigeria’s Unrealised Export Potential Now $3b –Report
Nigeria’s unrealised export potential is estimated at $3bn, according to data from the International Trade Centre. The report stated, “The total unrealised...
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94Crude-for-loan: Local Crude Demand Rises as NNPCL Battles Debt Servicing
The Nigerian National Petroleum Company Limited may continue servicing its crude-for-loan obligations till 2029 as the demand for oil by domestic refineries...
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23Housing Ministry Budgets ₦6.3b for Road Infrastructure
The Federal Ministry of Housing and Urban Development has allocated N6, 345,650,913 for road infrastructure in its 2025 executive budget, recently presented...
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91BUA’s 200,000bpd Oil Refinery Progressing, Not 90% Completed –Management
The BUA group yesterday clarified that although its 200,000 barrels per day crude oil refinery located in Akwa Ibom, South-south Nigeria, was...
