Business
Trouble Looms in Power Sector over Activation of PPA
There were worries as the Nigerian Electricity Regulatory Commission (NERC) moves to enforce Power Purchase Agreement (PPA) between Nigerian Bulk...
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NNPC Fails to Remit to Federation Account in May as Petrol Subsidy Hits N1.27trn
The inability of the Nigerian National Petroleum Company Limited (NNPC) to carry out its statutory obligations to the federation continued...
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Revenue From Train Services Jumped to N4bn in 1 year – NBS
The Nigerian Railway Corporation (NRC) says it generated N6.08 billion revenue from passengers, cargo and other services in 2021. The...
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Fuel Scarcity: Oil Marketers Kick Against NNPC’s Monopoly
Oil marketers have urged the Federal Government to put an end to the monopolistic privilege enjoyed by the Nigerian National...
Read moreFuel Scarcity: We Cannot Guarantee Regular Supply of Petrol- IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has warned that it cannot guarantee the supply of petroleum products in...
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Boss Mustapha Harps On Investment, Diversification To Boost Economy
The Secretary to the Government of the Federation, Mr Boss Mustapha, has urged the government at all levels to create...
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Black Market Booms at N300/litre as Fuel Scarcity Worsens in Lagos
Fuel scarcity worsened in Lagos, the Federal Capital Territory and other parts of the country on Tuesday, resulting in motorists...
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FG to Invest in all Agricultural Value Chain to Fight Food Crisis
Nigeria’s Minister of Finance, Zainab Ahmed has said that the Federal Government is to invest heavily in all aspects of...
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Dangote Cement Leads Decliners, with the NGX Down by over N500 billion
The NGX closed on a negative note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) depreciated by 196...
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CBN’s Policies Damaging Nigeria’s Business Environment – World Bank
The World Bank has stated that the Central Bank of Nigeria’s (CBN) multiple exchange rates, trade restrictions, and the financing...
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