NSE Industrial Division holds public lecture on skills gap January 21
The National Chairman of the Industrial Division of the Nigerian Society of Engineers, Engr Dr David Abu Ozigi has announced January 21, 2025 to host […]
Economy /Business
CBN imposes N1.35bn penalty on nine banks over Yuletide ATM cash crisis
The Central Bank of Nigeria has sanctioned nine Deposit Money Banks with fines totalling N1.35bn for failing to ensure cash availability via Automated Teller Machines […]
Uzodinma hails Tinubu’s policies, says states gain more revenue from subsidy removal
Governor Hope Uzodinma of Imo State has declared that state government are currently getting more funds under the President Bola Tinubu’s administration. Uzodinma said the […]
FG rolls out two savings bond opportunities
The Federal Government is offering two new Savings Bonds through the Debt Management Office. A statement by the DMO listed the first one as a […]
Dangote, major firms abandon discos, produce 6,500MW independently
As the country battles incessant blackouts, about 250 manufacturers and academic institutions have abandoned their respective power distribution companies to generate their own electricity. The […]
Telecom rates set to increase, Minister clarifies extent of adjustment
The Federal Government has confirmed plans to increase telecoms tariffs but assured Nigerians it won’t be by 100% as requested by operators. The Minister of […]
Kyari, refineries and a green ribbon, by Ken Ugbechie
Mele Kyari, a geologist and Group CEO of the Nigerian National Petroleum Company Limited (NNPCL), has dug his way into the tunnel of history. Within […]
Outrage as AEDC, TCN blamed for two-week blackout in Abuja, Nasarawa
There is outrage from Nigerians as substantial parts of the Federal Capital Territory, Abuja, and Nasarawa have been plunged into darkness on day 1 of […]
Discos addresses 328,696 complaints, refund N207.4m to customers, NERC reveals
The number of customer complaints across all the electricity Distribution Companies (Discos) hit 328,696 in Q3, 2024, climbing 14.35 per cent when compared to Q2, […]
MAN, NACCIMA, and LCCI chart bold course for 2025 economic growth
Leading private sector organisations in Nigeria have charted a roadmap for economic growth in the new year, following the various challenges that constrained businesses’ productivity […]
Ardova, Heyden join Dangote Refinery to ensure affordable PMS
Propelled by the economic relief provided by President Bola Ahmed Tinubu’s crude-for-naira swap initiative, two prominent players in Nigeria’s downstream oil and gas sector—Ardova Plc […]
Telecom companies seek 100% tariff increase, await NCC approval
Nigerian telecommunications companies have proposed a 100 per cent increase in their tariffs, pending approval from the government. The proposal, which has been submitted to […]
Crude supply to Dangote refinery under review as NNPCL eyes new projects
The Federal Government may cut its crude oil supply to the Dangote Petroleum Refinery, reducing it from the current allocation of 300,000 barrels per day, […]
‘Pull back tax bills’, NLC pressures government
The Nigerian Labour Congress (NLC) has insisted that the Federal Government withdraw the controversial tax bills from the National Assembly. In his New Year message […]
Warri Refinery Resumes Production, Marketers Predict Fuel Price Reduction
Oil marketers and the Nigerian Midstream and Downstream Petroleum Regulatory Authority have said the prices of refined petroleum products are to drop further following the […]