Nigeria’s inflation rate has risen to 19.64 per cent in July, a level not seen in over one-and-a-half decade. This was disclosed on Monday...
BUSINESS
The Federal Government’s intervention fund to the electricity distribution companies has risen to N2.9trn, from N2trn recorded as of May this year showing a...
Investors recorded loss of N571bn at the end of trading on the floor of the Nigerian Exchange Limited last week. The NGX All-Share Index...
The Nigerian National Petroleum Company (NNPC) Limited says it has renewed oil production sharing contracts (PSCs) with its partners — after nearly three-decade. NNPC...
The Minister of Finance, Budget, and National Planning, Zainab Ahmed, has said the Federal Government is on course to implement a new tariff hike...
The Nigerian Railway Corporation (NRC) said it has reduced the number of trips on the Lagos-Ibadan train service due to the hike in the...
Agency Report Tens of thousands of users reported being unable to access various Google services on Monday night, according to outage monitor Downdetector. “User...
The Group Chief Executive Officer (GCEO), Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari has said Nigeria loses $1.9 billion every month to crude...
President Muhammadu Buhari on Monday approved Seplat Energy Offshore Limited’s acquisition of Exxon Mobil shares. This was contained in a statement by the Special...
The Lagos Chamber of Commerce and Industry (LCCI) has called on the federal government to adopt measures to increase the country’s revenue and borrow...
The National Union of Electricity Employees, Kano Electricity Distribution Company chapter, on Monday, issued a 14-day strike notice to the management of KEDCO over...
Agency Report Twitter on Thursday said the notion Elon Musk was “hoodwinked” into inking a $44 billion buyout deal defies reason and the facts....
Since Tuesday, the Naira has strengthened against the US Dollar significantly in the foreign exchange. Last week, the naira traded at N710 to the...
The Minister of Communications and Digital Economy, Isa Pantami, has kicked against attempts by the Federal Government to introduce a five per cent excise...
The Federal Government has disclosed that it plans to utilize mortgages provided to contributors under the National Housing Fund to the tune of N712bn...
The Nigerian Content Development and Monitoring Board (NCDMB) has sponsored a workshop for the development of Consultative Committee on Petroleum Statistics (CCPS) framework. The...