Business
Latest News on Business, Economy, stock market, Crypto currency, Bitcoin and monetary policy in Nigeria
MTN, Others Get Permits To Generate Electricity
August 19, 2024
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
August 12, 2024
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
August 12, 2024
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
August 9, 2024
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
August 7, 2024
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
August 5, 2024
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
August 5, 2024
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
August 5, 2024
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
August 2, 2024
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
July 31, 2024
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…