Latest News
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192Industry & MoneyLocal Refining Deficit May Rise as FG Licenses 3 New Refineries
Nigeria’s refining capacity shortfall could worsen as the Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), granted licenses to...
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64Industry & MoneyPetrol’s Equilibrium Pricing Boosts Disposable Income with ₦113b
Average savings from the ongoing new price discovery retail end of the Premium Motor Spirit (PMS), otherwise known as petrol, could exceed...
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93Stock MarketAsian Equities Poised for Weak Open, Futures Drop
Equities and Treasury yields fell on Monday as concerns about the health of the US economy weighed on investors’ appetite for risk....
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70Banking & FinanceDBN Disburses ₦272b to Women Businesses
The Development Bank of Nigeria (DBN) has disbursed more than N272 billion to over 518,170 women-owned businesses, making up 74 percent of...
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94Business NewsNew Railway Masterplan to Transform Sector in Five Years
The Nigerian Railway Corporation (NRC) has announced a comprehensive reform plan aimed at transforming the country’s rail sector within the next five years, with...
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94Local NewsFG, Tanker Drivers Split Over 60,000 Truck Ban Enforcement
Despite a public announcement that trucks transporting more than 60,000 litres of hydrocarbon products would be prohibited from loading at depots and...
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71Real Estate‘Govt. can Generate ₦300b from Sales of Houses’
The Minister of Housing and Urban Development, Ahmed Dangiwa, has said that the housing ministry can generate N300bn from the sale of...
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71Business NewsPetrol Imports Jump 105% to ₦15tr –NBS Report
Nigeria’s petrol imports surged in 2024, doubling despite an increase in domestic refining capacity, highlighting the country’s continued reliance on imported fuel,...
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70Foreign NewsOil Prices Decline as Tariff Uncertainty Keeps Investors on Edge
Oil prices fell on Monday as concern about the impact of U.S. import tariffs on global economic growth and fuel demand, as...
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60Professional ServicePension Assets Hit ₦22.51tr
The total pension Net Asset Value under the management of Pension Fund Administrators in the country as at December 2024 has hit...
