Business
-
DisCos Are to Replace Faulty Meters -NERC
The Nigerian Electricity Regulatory Commission has announced that it is the responsibility of the electricity distribution companies to replace faulty…
Read More » -
NGX proposes amendment to trading license holders’ rules
The Nigerian Exchange Limited (NGX) has proposed amendments to its Trading License Holders’ Rules, specifically targeting block divestments and large-volume…
Read More » -
Taxes, Oil Jack up FG’s Revenue by 76% to N12.5tn – Budget Office
Rising taxes and increased oil revenues have significantly boosted the Federal Government’s earnings, with total revenue rising by 76% from…
Read More » -
Tinubu Arrives Brazil for Heads of State’s G20 Summit
President Bola Tinubu has arrived in Rio de Janeiro, Brazil, to participate in the 19th Heads of State and Government…
Read More » -
Nigeria to Sign FIDs on Two Deepwater Projects Mid-2025 – Presidency
Nigeria is set to make Final Investment Decisions (FID) on two deepwater exploration projects by mid-2025. This announcement was made…
Read More » -
Dangote, IPMAN Sign 240m Litres Monthly Petrol Deal
The Dangote Petroleum Refinery has agreed to supply 60 million litres of Premium Motor Spirit (PMS), commonly known as petrol,…
Read More » -
Trouble looms as Nigeria’s external debt may hit $45.1bn by end of 2024
There are indications of a looming debt crisis as Nigeria’s external debt may rise to $45.1 billion by the end…
Read More » -
W’Bank detects $32m unaccounted funds in Nigeria’s water project
The World Bank has flagged $32 million in unaccounted funds in a Nigerian water sector project, raising concerns about potential…
Read More » -
Nigeria’s Inflation Rate Rises to 33.8% in October Amid Economic Pressures – NBS
Nigeria’s headline inflation rate increased to 33.88% in October 2024, up from 32.7% in September 2024, reflecting a 1.18 percentage…
Read More » -
FG plans to raise N120 billion in November bond auction
The Federal Government of Nigeria, through the Debt Management Office (DMO), has announced the issuance of N120 billion worth of…
Read More »