Latest News
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80Local NewsPetrol Prices Soared 64%, Cooking Gas 60% in One Year –Report
The rising cost of energy has continued to take its toll on Nigerians, with petrol prices soaring by 64 per cent year-on-year,...
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87Foreign NewsUK Borrowing Rises Ahead of Budget
Government borrowing rose last month, marking the third-highest September since records began in January 1993. Official figures show that borrowing – the...
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188Industry & MoneyFour IOCs Get FG Nod to Sell Assets
The Federal Government through the Nigerian Upstream Petroleum Regulatory Commission, says it has approved four out of five divestment requests received from...
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82Local NewsFG to Sue DisCos Over Failure to Upgrade Old Installations
The Nigerian Electricity Management Services Agency (NEMSA) has disclosed plans to take legal action against electricity Distribution Companies (DisCos) that fail to...
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269Leadership & ManagementNigeria Launches Bid to Raise Oil Output By 1m bpd in 12 Months
In a renewed bid to grow Nigeria’s crude oil output significantly in the next 12 months, President Bola Tinubu yesterday launched the...
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105Stock MarketStocks, Bonds Dip as Fed and Election Risks Weigh
Stocks in Asia and US futures declined along with bonds, as traders consider cooling expectations of Federal Reserve rate cuts for the...
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73Business NewsOil Prices Dip as Geopolitical Risks Stabilise
Oil prices eased on Tuesday as the top U.S. diplomat renewed efforts to push for a ceasefire in the Middle East and...
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79Stock MarketDomestic Bourse Starts Week’s Trading Bullish
EQUITIES The domestic bourse started the week’s trading on a bullish note, driven by buying interest in SEPLAT (+10.0%), following the Federal...
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198Industry & MoneyDangote Refinery: Aviation Fuel Imports Crash by 8,000bpd
The Dangote Petroleum Refinery has reduced the importation of aviation into Nigeria from 13,000 barrels per day in 2023 to 5,000bpd in...
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501Telecoms & ITTelcos, Subscribers Reject 5% Excise Duty
Nigeria’s telecommunications sector has again strongly rejected the Federal Government’s attempt to reintroduce a 5 per cent excise duty on telecommunications services....
