Business

NIGERIA RECOVERS N86.2bn STOLEN OIL IN ONE MONTH

Different government security outfits operating across the country have recovered stolen oil worth N86.2bn in August A total of 16,…

4 years ago

UK RETAIL SALES IN SURPRISE REBOUND

British retail sales surprisingly rose overall in July but consumer confidence is at a record-low as the United Kingdom heads…

4 years ago

TCN: BLACKOUT LOOMS AS LAGOS DISCO STOPS OPERATIONS

The Ikeja Electricity Distribution Company has announced a shutdown of operations following the issues between the National Union of Electricity…

4 years ago

POWER INTERVENTION FUND JUMPS TO N2.9trn

The Federal Government’s intervention fund to the electricity distribution companies has risen to N2.9trn, from N2trn recorded as of May…

4 years ago

FUEL SUBSIDY HITS N1.593tn, REFINERY REHABILITATION GULPS N54.66bn

The latest data on the amount spent on subsidizing petrol showed that the government subsidized the commodity with N1.593tn between…

4 years ago

5% TAX: TELECOMS CONSUMERS HEAD FOR COURT

Telecommunication subscribers, under the aegis of the National Association of Telecoms Subscribers, have vowed to challenge the legitimacy of the…

4 years ago

NIGERIA LOSES N101bn WORTH OF OIL, SAYS OPEC

Nigeria’s crude oil production plunged by 2.3 million barrels in July 2022 when compared to what the country produced in…

4 years ago

NIGERIA, THREE OTHERS TOP WORLD BANK DEBTORS’ LIST

Rising debt has pushed Nigeria up the World Bank’s top 10 International Development Association borrowers’ list. The World Bank Fiscal…

4 years ago

BUHARI APPROVES SEPLAT’S ACQUISITION OF EXXON MOBILE SHARES

The President, Muhammadu Buhari has consented to the acquisition of the entire share capital of Mobil Producing Nigeria Unlimited by…

4 years ago

FG DISBURSES N1.24tn TO 4.21m ENTERPRISES – REPORT

The Federal Government has disbursed N1.24tn to 4.21 million enterprises through the Bank of Industry in six years, the latest…

4 years ago