Latest News
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84Business NewsNigeria’s Oil Worth ₦341tr Locked in Undeveloped Fields –Report
Over 3.5 billion barrels of oil and condensate reserves are locked in undeveloped fields across different basins in Nigeria, according to reports...
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1.9KTelecoms & ITTinubu Scraps 5% Telecom Excise Duty in New Tax Law
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Aminu Maida, announced the development during an interactive session with journalists in...
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1.2KLocal NewsFG to Review National Telecom Policy
The Ministry of Communications, Innovation and Digital Economy and the Nigerian Communications Commission (NCC) are collaborating to review the 2000 Telecoms Policy....
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1.0KLocal NewsGovernors Launch Platform to Attract FDIs, Say $2b Yearly Inflow Less Than 0.5% of GDP
State governors in the country yesterday floated an investment platform to enable the 36 states attract Foreign Direct Investments (FDIs). They said...
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1.1KStock MarketStock Market Reverses Gains as ASI Down 1.5%
EQUITIES The Nigerian equities market reversed yesterday’s gains, as losses in DANGCEM (-9.9%), ZENITHBANK (-7.3%), GTCO (-2.1%), and OANDO (-7.1%) dragged the...
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1.1KLocal NewsNigeria Utilises Only 41% of Installed Generation Capacity Amid Stranded Power Crisis
The power sector in Nigeria has again highlighted the paradox that has defined its electricity supply chain, marked by significant installed generation...
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1.2KIndustry & MoneyNigeria Launches 40,000 cbm LPG Vessel to Boost Clean Energy
President Bola Tinubu yesterday said Nigeria is poised to deliver clean and sustainable energy solutions not just in-country but also across Africa...
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996Local NewsPenCom Blacklists Seven Mortgage Banks Over Housing Loans Breach
The National Pension Commission has directed Pension Fund Administrators and Pension Fund Custodians to immediately stop accepting or processing equity contribution applications...
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1.5KTelecoms & IT
Telecoms Industry Burns ₦480b Yearly on Diesel to Stay Connected –NCC Boss
Nigeria’s telecommunications industry spends an average sum of N480 billion every year on diesel just to keep the country connected, a cost...
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1.2KMoney MarketEuropean Futures Rise, Oil Dips After Ukraine Meet
Financial markets traded in a narrow range, with global equities holding near record highs, after Donald Trump’s meeting with Ukraine’s president and...
