Business

Apo Mechanic Market Relocation: 11,000 Traders Transition to Wasa

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

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

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

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

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

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

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

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

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

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…
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