Economy
-
Fuel subsidy removal, forex reforms: Investors rake in N5.3trn in H1’23
•Highest gain in 15yrs•Gains attributed to policy changes, corporate earnings•But analysts warn of debt, policy shocks Investors in the Nigerian…
Read More » -
9 illegal refineries with 1m/bpd production capacity uncovered in Bayelsa
As the ongoing war against crude oil theft and illegal refineries in Niger Delta intensifies, no fewer than nine illegal refinery…
Read More » -
Petrol prices crash at depots – IPMAN
Private Premium Motor Spirit (PMS) depots have crashed the prices of fuel amidst speculations of a rise to N700 per…
Read More » -
Power firms suspend planned tariff hike as Tinubu yet to consent NERC request
Power consumers, on Saturday, expressed relief after it was confirmed that electricity distribution companies had not implemented the proposed hike…
Read More » -
AfDB approves $115m loan to Abia for road rehabilitation, erosion – Adesina
The Board of Directors, African Development Bank (AfDB), has approved a loan of 115 million dollars to support a major…
Read More » -
Don’t panic, N700 fuel pump price mere speculation – IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has denied the alleged plan by the association to increase the pump…
Read More » -
Emefiele: DSS, UK govt asked to ensure return of Access, Gtbank MDs for immediate questioning
A political activist and former Deputy National Publicity Secretary of the All Progressives Congress (APC), Timi Frank, has raised the…
Read More » -
CBN pegs transaction limit via contactless payments to N50,000 per day
The Central Bank of Nigeria, CBN, has placed a N50,000 daily limit on contactless payments either through bank accounts or…
Read More » -
Durbar meant to promote socio-economic development in Kwara, says Abdulrahman
The Governor of Kwara State Governor, AbdulRahman AbdulRazaq, has described the annual Durbar show in Ilorin as a tool for…
Read More » -
Delta Assembly approves gov’s N40bn loan request
The Delta State House of Assembly has approved the request by Governor Sheriff Oborevwori to take N40bn credit facility for…
Read More »