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Latest News on Business, Economy, stock market, Crypto currency, Bitcoin and monetary policy in Nigeria

MTN, Others Get Permits To Generate Electricity

MTN, Others Get Permits To Generate Electricity

The Nigerian Electricity Regulatory Commission has issued permits to Golden Penny Power Limited, MTN Communications Nigeria Limited, Havenhill Synergy, and…
Heritage Bank: Why 17.64% Depositors Haven’t Been Paid — NDIC

Heritage Bank: Why 17.64% Depositors Haven’t Been Paid — NDIC

The Nigeria Deposit Insurance Corporation (NDIC) says 82.36% of the total insured depositors of the defunct Heritage Bank have been…
NASENI Offers 50% Discount For CNG Conversion

NASENI Offers 50% Discount For CNG Conversion

The Executive Vice Chairman/Chief Executive Officer of the National Agency for Science and Engineering Infrastructure, Mr Khalil Halilu, has disclosed…
Inflation: Cost Of Living Jumps By 19% In One Month

Inflation: Cost Of Living Jumps By 19% In One Month

The National Average Cost of a Healthy Diet increased to ₦1,241 in June 2024. This was revealed by the Nigerian…
Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch

Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch

The Dangote Refinery is planning to sell a 12.7 per cent stake in 2024 for loan servicing, Fitch Ratings, a…
Federal Government’s Power Subsidy Soars By 151% To ₦‎633.30 Billion

Federal Government’s Power Subsidy Soars By 151% To ₦‎633.30 Billion

The electricity subsidy obligation of the federal government rose from N252.76 billion in the last quarter of 2023 to N633.30…
NNPCL, IOCs Must Meet 2.2MBPD Oil Production — Task Force

NNPCL, IOCs Must Meet 2.2MBPD Oil Production — Task Force

The Joint Task Force South-South, Operation Delta Safe (OPDS) has called on the Nigerian National Petroleum Company Limited and the…
Dangote Refinery: Csos To Monitor NNPC Compliance On Crude Sale

Dangote Refinery: Csos To Monitor NNPC Compliance On Crude Sale

A coalition of Civil Society Organisations has announced their intention to closely monitor the compliance of the Nigerian National Petroleum…
Dangote Refinery To Gulp N1.7tn Crude Monthly

Dangote Refinery To Gulp N1.7tn Crude Monthly

The Dangote Petroleum Refinery is going to need about N1.7tn worth of crude oil monthly following the directive of President…
NNPC Targets Two Million Barrels Oil Production Daily

NNPC Targets Two Million Barrels Oil Production Daily

The Nigerian National Petroleum Company Limited has announced its goal to increase crude oil production to two million barrels per…
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