Latest News
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342Industry & MoneyTariff: Only Prudent Costs will be Passed to Consumers –NERC
The Nigeria Electricity Regulatory Commission (NERC) has assured electricity consumers that only prudent costs will be passed on to them while fixing...
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315Local NewsConstruction Cost for Second Niger Bridge Bypass too High –FG
The proposed cost of N279bn for the Second Niger Bridge Bypass by Julius Berger Plc is excessively high, the Federal Government has...
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204Foreign NewsStocks Extend Rebound as US Recession Worries Ebb
A recovery of global shares continued in Asia, tracking gains on Wall Street after signs of resilience in the US labor market...
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146Industry & MoneyNNPCL demands ₦4.7tr Petrol Imports Refund
The Nigerian National Petroleum Company Limited has demanded a refund of N4.71tn from the Federal Government to settle outstanding debts used to...
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254Industry & MoneyNUPRC Set to Amend Domestic Crude Supply Regulations
The Nigerian Upstream Petroleum Regulatory Commission is set to amend the Domestic Crude Supply Obligations Regulations 2023. The commission stated this in...
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193Banking & FinanceCBN Demands Transaction Evidence on All Divestments, Repatriation of Foreign Investments
The Central Bank of Nigeria (CBN), yesterday clarified that every divestment or repatriation of foreign investment, be it a pre-liquidation or matured...
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200Stock MarketBulls Tighten Grip on the Bourse
EQUITIES The local bourse extended yesterday’s bullish performance as bargain hunting in MTNN (+10.0%) drove the benchmark index 1.0% higher. Thus, the All-Share...
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183Foreign NewsEuropean Futures Slip Before US Data, Dollar Falls
European stock futures fell on a bumpy day for Asia, as investors weigh the risks to global markets after a volatile week...
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191Money MarketSEC to Outline Agenda for Capital Market at CMC Meeting
The Director General of the Securities and Exchange Commission (SEC), Emomotimi Agama, is set to outline the Commission’s vision for the Nigerian...
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275Industry & MoneySenate Queries $1.5b Spent On Port Harcourt Refinery
Amid pervasive allegations of sabotage in the petroleum industry, the Senate has raised questions over the $1.5 billion approved in 2021 for...
