Business
Apo Mechanic Market Relocation: 11,000 Traders Transition to Wasa
November 22, 2024
Apo Mechanic Market Relocation: 11,000 Traders Transition to Wasa
The Federal Capital Territory Administration (FCTA) has registered 11,000 Apo Mechanic Village merchants and craftspeople to move to the permanent…
Telecom Industry Faces Revenue Squeeze Amid 41% User Decline
November 20, 2024
Telecom Industry Faces Revenue Squeeze Amid 41% User Decline
With the average revenue per user (ARPU) falling 40.87 percent to $1.85 in Q3 2024 from $3.12 in the same…
Fuel Imports Rise Despite NNPCL’s Local Refinery Promises
November 19, 2024
Fuel Imports Rise Despite NNPCL’s Local Refinery Promises
The cost of importing fuel reached around ₦3 trillion between October 1 and November 11, putting the Nigerian National Petroleum…
Nigeria’s Foreign Debt Servicing Jumps 107.7% to N3.8 Trillion in Eight Months
November 18, 2024
Nigeria’s Foreign Debt Servicing Jumps 107.7% to N3.8 Trillion in Eight Months
Between January and August of 2024, the cost of servicing Nigeria’s foreign debt increased by 107.7% to N3.8 trillion, far…
IPMAN Highlights Cost of Petrol for Marketers at Dangote Refinery
November 13, 2024
IPMAN Highlights Cost of Petrol for Marketers at Dangote Refinery
According to the Nigerian Independent Petroleum Marketers Association, the cost of gasoline from the Dangote Refinery was N940 per liter…
CBN Introduces Innovative Steps to Advance Financial Inclusion
November 13, 2024
CBN Introduces Innovative Steps to Advance Financial Inclusion
Contractor corruption has been blamed by Mr. Ola Olukoyede, Executive Chairman of the Economic and Financial Crimes Commission (EFCC), for…
NNPC Set to Launch 12 CNG Stations
November 12, 2024
NNPC Set to Launch 12 CNG Stations
In an attempt to increase the current 1.6 billion cubic feet of gas supply for the domestic market, NNPC Ltd.’s…
NDIC Initiates Sale of Heritage Bank Assets
November 11, 2024
NDIC Initiates Sale of Heritage Bank Assets
The dissolved Heritage Bank’s physical assets and landed properties are up for auction nationwide by the Nigeria Deposit Insurance Corporation,…
NPA to Integrate Export Terminals, Domestic Export Warehouses
November 11, 2024
NPA to Integrate Export Terminals, Domestic Export Warehouses
Nigerian Ports Authority (NPA) has stated that the Export Processing Terminals (EPTs) should be connected to the Domestic Export Warehouse…
Nationwide Strike Looms as NUPENG Condemns Naval Officers’ Invasion of Oil Platform in Nigeria
November 8, 2024
Nationwide Strike Looms as NUPENG Condemns Naval Officers’ Invasion of Oil Platform in Nigeria
As the Naval Special Forces overran the Oritsetimeyin oil drilling rig to evict workers, the Nigeria Union of Petroleum and…