The value of manufactured goods traded tumbled by 36 per cent from N4.51tn in the second quarter of 2021 to N2.87tn in the corresponding...
BUSINESS
The Nigerian National Petroleum Company Limited (NNPCL) on Sunday said it lost 470,000 bpd of crude oil amounting to $700 million monthly due to...
The Director General of the Budget Office of Nigeria, Ben Akabueze has suggested that the trillions of naira spent on fuel subsidy could be...
Naira weakened further on Wednesday, depreciating 0.11% against the U.S. dollar to its lowest level at the spot market. This occurred as foreign exchange...
The federal government has suspended the proposed new tax on phone calls and other telecommunications services. The Minister of Communication and Digital Economy, Isa...
Naira fell against the dollar on Monday to an eight-month low with a decrease in value of 0.75% at the spot market window. According...
According to the latest report by the Nigerian Electricity Regulatory Commission (NERC), the total billing to electricity consumers by the 11 distribution companies (DisCos)...
The Comptroller-General of Nigeria Customs Service (NCS), Col. Hameed Ali (retd.), has stated that the Nigerian National Petroleum Company Limited (NNPC) cannot justify the...
The total value of capital importation into Nigeria in the second quarter of the year fell to $1.53 billion from $1.57 billion in the...
According to recent data from the Nigerian Bureau of Statistics (NBS), the price of refilling a 12.5kg cylinder of Liquefied Petroleum Gas (LPG), also...
Emirates Airlines has restored its flight operations to Nigeria’s commercial capital of Lagos, according to emails sent to its customers and seen by TOS...
The Central Bank of Nigeria (CBN) has said the country generated N799.10 billion from oil sector in the first quarter of 2022. The figure...
The Federal Government has projected an average of N120tn as consumption expenditure by Nigerians on which value-added tax will be charged between 2023 and...
Fidelity Bank Plc has announced its proposed acquisition of a 100% equity stake in Union Bank Plc in the United Kingdom. In a corporate...
The Nigerian Civil Aviation Authority has read out a riot act to local airline operators in the country over N19bn in debts. The Director...
The management of Dangote Sugar Refinery Plc has said it is set to reduce the importation of sugar into the country by 40 per...