Business

Nigeria’s importation of Premium Motor Spirit (PMS), commonly referred to as petrol, dropped to an all-time low in June, primarily due to increased production from the Dangote Petroleum Refinery. The...

Analysts have predicted that the Federal Government’s external borrowing is likely to rise significantly in the second half of 2025, with an estimated N4.90 trillion expected to be sourced from...

Nestlé Nigeria has teamed up with the Federal Ministry of Water Resources and Sanitation to launch a National Water Quality Advocacy Campaign aimed at promoting water safety, raising public awareness,...

Nearly a year after the Federal Government pledged to subsidize electricity for hospitals and educational institutions, the promise remains unfulfilled, leaving these vital facilities overwhelmed by massive electricity bills. In...

The Central Bank of Nigeria (CBN) has raised concerns that rising input costs across major sectors may soon trigger another wave of consumer price inflation. This warning was contained in...

The Nigerian Deposit Insurance Corporation (NDIC) has stated that ongoing collaboration among relevant agencies to combat insider fraud and other financial malpractices within the banking sector is yielding positive results,...

The Federal Government has reaffirmed its commitment to addressing energy poverty through a high-level stakeholder engagement forum focused on implementing the National Energy Compact under the Mission 300 initiative. Scheduled...

The Federal Government has urged the judiciary to take a pivotal role in strengthening Nigeria’s capital market by delivering prompt and well-reasoned judgments that inspire investor confidence. Vice President Kashim...

President Bola Tinubu has reaffirmed his administration’s commitment to allocating sufficient resources to key sectors of the economy, with the goal of rebuilding public trust and fostering inclusive national development....

The Nigerian National Petroleum Company Limited (NNPC Ltd) has donated 35 hybrid Compressed Natural Gas (CNG)-powered buses to the Presidential Initiative on CNG, reaffirming its support for the Federal Government’s...