Latest News
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103Business NewsGovt Releases Power Tariff Hike Guidelines for Discos
As controversies trailed the purported electricity tariff hike by the Federal Government, the Nigerian Electricity Regulatory Commission has issued regulations on the...
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60Banking & FinanceFEC Okays ₦758b Bond to Offset Pension Backlog
The Federal Executive Council (FEC) has approved the issuance of a N758 billion bond to offset outstanding pension liabilities for all categories...
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65Banking & FinanceActive Bank Accounts Up 122.3m to 331.6m in One Year
Nigeria’s banking sector saw a remarkable expansion in 2024, with active accounts surging to 331.6 million by December, reflecting an increase of...
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89Local News‘NUPRC Will Not Pander to Any Party in Bid to Ensure Sufficient Local Crude Supply’
The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, yesterday said the commission will not pander to...
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340Telecoms & ITNigeria to Raise Broadband Investments by 500% –Minister
The Federal Government aims to increase broadband investments by 300 to 500 per cent under a new initiative designed to accelerate internet...
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88Business NewsNMDPRA Shuts 19 Illegal Gas Stations in Delta
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has sealed 19 illegal Liquefied Petroleum Gas and Category D cooking gas outlets in...
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87Local NewsCrude Producers Diverting 500,000bpd Meant for Local Refineries, PETROAN Alleges
The Petroleum Products Retail Outlets Owners Association of Nigeria has alleged that oil producers are diverting the daily 500,000 barrels of crude...
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69Stock MarketBulls Tighten Grip at the Exchange as ASI Up 0.2%
EQUITIES Bullish sentiments persisted in the local bourse as gains in PRESCO (+6.5%), MTNN (+0.8%), and GTCO (+1.6%) caused a 0.2% increase...
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222Industry & Money
Nigeria Needs $20b Annually to Boost Gas Infrastructure –NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI), said yesterday that Nigeria would need to inject $20 billion annually into its gas infrastructure...
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90Banking & FinanceFIRS Begins Withholding Tax System
The Federal Inland Revenue Service (FIRS) has announced the commencement of the implementation of the withholding tax system. This is aimed at streamlining tax...
