BUSINESS
Rising FAAC Windfall Fails to Curb States’ Renewed Borrowing, Up to Over N4trn
Nigerian states are ramping up borrowing despite a sharp increase in allocations from the Federation...
FG Announces Increase In Domestic Gas Price
By Ayo Kehinde The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has...
Senate Approves Tinubu’s $6bn External Loans
From Victor Osula, Abuja On Tuesday, the Senate approved President Bola Tinubu’s request to secure...
Tinubu Seeks Senate Approval of $6bn External Loans for Budget Support, Port Rehabilitation
From Victor Osula, Abuja President Bola Tinubu has formally written to the Nigerian Senate seeking...
March 31 Deadline: Taxpayers Race to File Returns Amid Low Compliance
By Ayo Kehinde With only hours left before the March 31 deadline, many Nigerian taxpayers...
U.S. Slashes Nigerian Crude Imports by 47% Despite Rise in Output
By Ayo Kehinde The United States sharply reduced its imports of Nigerian crude oil in January...
Nnaji Suggests Immediate Steps to Stabilize Power Sector
Against the background of Nigeria’s deteriorating electric power crisis, a leading Nigerian energy expert, Professor Bart...
CBN Blocks Chronic Loan Defaulters From Banking Facilities
By Ayo Kehinde The Central Bank of Nigeria (CBN) has directed banks to deny...
Dangote Slashes Petrol Price To ₦1,200
By Ayo Kehinde Nigeria’s downstream petroleum sector received a welcome boost on Friday, as...
OPL 245: FG Defends Deal, Labels Critics Self-Serving, Unpatriotic
The Federal Government has defended the resolution of the long-standing OPL 245 oil block dispute,...