Business
Nigeria Hits 5,105MW Electricity Generation in July, Targets 6,000MW by Year-End
The Minister of Power, Adebayo Adelabu, has announced that Nigeria’s power sector generated 5,105 megawatts of electricity on July 27,...
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FG Offers Tax Breaks to Companies That Employ More Staff
The federal government says there will be tax breaks for companies that employ more staff. A tax break is a...
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60% of Lagos Job Seekers Reject Jobs Due to Low Pay – LSETF Report
A report by the Lagos State Employment Trust Fund (LSETF) says that 60 percent of job seekers in the state...
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FG Lifts Suspension on Arik Air Operations
The federal government says it has lifted the suspension on the operations of Arik Air. Michael Achimugu, the director of...
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FG Withdraws Plan to Sell Rice at N40,000 to Public Servants
The federal government has made a U-turn on its earlier plan to sell a 50kg bag of rice at N40,000. ...
Read moreNigeria Spends $600m Monthly on Fuel Imports, Says Finance Minister
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has disclosed that the country currently spends $600...
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Lagos Govt Launches Coconut Project Set to Generate 200,000 Youth Jobs
The Lagos State Government has revealed that its new coconut project will create at least 200,000 job opportunities for the...
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No Progress in Crude Oil Sales in Naira Despite Presidential Approval, CORAN Reveals
The Crude Oil Refinery-owners Association of Nigeria (CORAN) has said that none of their members have begun receiving the sales...
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Fuel Queues to Ease as Lagos Depots Resume Loading
The long fuel queues experienced across major states and cities in Nigeria are expected to ease soon as the loading...
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Customs Boss Promises Reduction in Food Prices Amid Ongoing Protests
Authorities of the Nigerian Customs Services, on Tuesday, asked protesters to expect drastic reduction in prices of food items as...
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