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Business and Economy

Petrol Landing Cost Falls to N971 per Litre Despite Rising Retail Prices

The landing cost of Premium Motor Spirit (PMS), also known as petrol, in Nigeria has dropped by 20.34% over the last three months, now...

Adelabu Orders Immediate Overhaul to Prevent Future Grid Collapses

By   Milcah    TanimuAdebayo Adelabu, Nigeria’s Minister of Power, has instructed the Transmission Company of Nigeria (TCN) and related agencies to implement recommended measures...

Nigeria undergoing major reset after subsidy removal — Soludo

By Abigail Philip DavidAnambra State Governor, Prof. Chukwuma Soludo, stated that Nigeria is experiencing a profound transformation following the removal of subsidies by...

SGF Reaffirms Tinubu’s Commitment to Socio-Economic Growth

Secretary to the Government of the Federation, Senator George Akume, reaffirmed President Bola Tinubu's dedication to Nigeria's socio-economic progress on Thursday. His remarks came...

FBN Holdings Surpasses CBN Recapitalisation with N730bn Target

By   Milcah   TanimuFBN Holdings aims to exceed the Central Bank of Nigeria's (CBN) minimum recapitalisation requirement by increasing its capital base to N730 billion...

Amid Economic Hardship, VC Urges FG to Support Private Tertiary Institutions

By Abigail Philip DavidThe Vice-Chancellor of Precious Cornerstone University, Timothy Adejumo, has called on the Federal Government to extend support to private tertiary...

Federal Government Launches Subnational Tour to Boost Business Growth with Private Sector Collaboration

By Abigail Philip DavidThe Federal Government, through the Presidential Enabling Business Environment Council (PEBEC), has announced the launch of its Subnational Tour, an...

World Bank Approves $50M to Tackle Nigeria’s Nutrition Challenges

By   Milcah   TanimuThe World Bank has announced a $50 million fund to support Nigeria’s efforts in tackling food and nutrition challenges. During a meeting...

Chevron Expands Oil Exploration and Drilling Plans in Nigeria and Other African Nations

By Abigail Philip DavidChevron Corporation has announced an expansion of its oil exploration activities in key African oil-producing nations, including Nigeria and Angola,...

FG Terminates Julius Berger’s Abuja-Kaduna Road Contract

By   Milcah   TanimuThe Federal Government has terminated Julius Berger's contract for the Abuja-Kaduna road rehabilitation. This decision comes due to the company’s non-compliance with...

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