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Business and Economy

CBN Faces Legal Challenges Over Recent Staff Layoffs

The Central Bank of Nigeria (CBN) is currently embroiled in numerous court cases initiated by former employees who were dismissed as part of the...

FG Launches National Single Window to Enhance Trade

The Nigerian government, through the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has officially launched the National Single Window (NSW)...

NNPC Reports ₦14.07 Trillion Revenue from Crude Oil Sales in 2023

By  Milcah   TanimuThe Nigerian National Petroleum Company (NNPC) Limited has announced a substantial increase in its revenue from crude oil sales for the year...

Labour Minister Tasks Stakeholders on New Vision for Petroleum Industry

By Samuel ItsedeThe Honourable Minister of State for Labour and Employment, Hon. Barr. Nkeiruka Onyejeocha, has emphasized the need for collective action to address...

Federal Government Launches Power Sector Communications Team

The Federal Government has officially launched the Power Sector Communications Team (PSCT) to improve transparency and communication within Nigeria's power sector.The inauguration ceremony took...

Ilorin Faces Renewed Fuel Shortages as Petrol Queues Reappear

 By  Milcah  TanimuFuel shortages are causing major disruptions in Ilorin, Kwara State, as long lines return to petrol stations amid a worsening nationwide scarcity.Motorists...

We’re Selling Petrol at Half the Landing Cost, But It’s Not a Subsidy – NNPC

By Milcah TanimuThe Nigerian National Petroleum Company (NNPC) Ltd has clarified its position regarding the current petrol pricing, stating that while it...

 NNPC Posts N3.3 Trillion Profit After Tax for 2023

By   Milcah   TanimuThe Nigerian National Petroleum Company (NNPC) Ltd has announced a remarkable profit after tax of ₦3.3 trillion for the 2023 fiscal year....

Tinubu Approves Use of NNPC Dividends for Petrol Subsidy

By   Milcah   Tanimu President Bola Tinubu has authorized the Nigeria National Petroleum Company Limited (NNPCL) to utilize its 2023 dividends for the payment of petrol...

MTN and Others Receive Permits for Electricity Generation

The Nigerian Electricity Regulatory Commission (NERC) has granted permits to several companies, including Golden Penny Power Limited, MTN Communications Nigeria Limited, and Havenhill Synergy,...

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