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Business and Economy
NMDPRA Seals Filling Stations and Fines Marketers Amid Rising Petrol Prices
By Milcah TanimuThe Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has sealed over 12 filling stations and fined three fuel marketers for allegedly...
Trade Surplus Alone Won’t Improve Economy,’ Says Pol Eco Analytics
Following the National Bureau of Statistics' (NBS) recent report of a N6.94 trillion trade surplus in the second quarter of 2024, Nigerian think tank...
NIN-SIM Linkage: Telcos Begin Disconnection Of 66m Phone Lines
Telecom operators have begun disconnecting about 66 million phone lines nationwide, in line with the federal government's directive on linking National Identification Numbers (NIN)...
$1.5 Billion Fund to Accelerate LPG Adoption in Africa
By Milcah TanimuThe Global LPG Partnership (GLPGP) and the African Refiners Distributors Association (ARDA) have announced a groundbreaking $1.5 billion fund to advance clean...
JUST IN: Inflation Eases to 32.15% — NBS
Despite the continuous rise in commodity prices across Nigeria, the National Bureau of Statistics (NBS) has reported that the headline inflation rate eased to...
Global Markets Cautious Amid Interest Rate Cut Speculation
Global equity markets remained cautious on Monday as investors struggled to extend recent gains, with speculation growing over the size of an expected U.S....
JUST IN: NNPC to Sell Dangote Petrol for N1,019/Litre in Borno, N950 in Lagos
The Nigerian National Petroleum Company Limited (NNPC) has announced that petrol from the Dangote Refinery will be sold at prices above N1,000 per litre...
Tinubu Administration’s Need for Genuine Economic Reforms in Nigeria
By Milcah TanimuTinubu administration to enhance Nigeria's economic landscape. Comprehensive reforms are essential to boost fiscal space, address the impacts of global warming, and...
FG Targets $100bn Revenue from Creative Economy
The Federal Government has outlined plans to generate at least $100bn annually and create over two million jobs from Nigeria's creative economy. This ambitious...
CBN gives PoS operators one month to use aggregators
The Central Bank of Nigeria (CBN) has issued a directive requiring all Point of Sale (PoS) operators to route their transactions through licensed Payment...
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