Subsidy: FAAC meets as NNPC deductions threaten states’ allocations
The planned deduction of N242.53bn fuel subsidy from the Federation Account this…
Brent rises to $115 as EU considers Russia oil ban
Brent crude, the global oil benchmark, appreciated in price on Monday, moving…
Nigeria loses N150bn to fake battery products, says expert
The Chief Executive Officer, Emilinks Nigeria Limited, Mr Solomon Nwadiogbu, has said…
Gencos counters NBET over purchase agreements, list N1.64tn debts
Power generation companies on Sunday said the Nigerian market was under threat…
Reps write Kyari, summon 17 NNPC subsidiaries over audit queries
THE House of Representatives’ Committee on Public Accounts has written to the…
FG incurs N950bn new domestic borrowing in Q1 2022 – DMO
THE Federal Government has incurred N950bn new domestic borrowing between January 2022…
Queues persist in northern states despite 1.8bn litres fuel supply
The queues by motorists for Premium Motor Spirit, popularly called petrol, particularly…
Extortion: FAAN bans two immigration officers from airports
The Federal Airports Authority of Nigeria has expelled two officers of the…
Take advantage of import duty waivers, FG tells manufacturers
The Minister of Industry, Trade and Investment, Mr. Adeniyi Adebayo, has urged…
Bulk cargo traffic to Lagos ports drop by 60%, say operators
Some members of the Barge Operators Association of Nigeria have said bulk…
Fear of corruption hampering subsidy removal in Nigeria -IMF
The International Monetary Fund says the fear of political resistance, widespread corruption…
Nigeria’s debt set to peak at N45tn in 2022, says DMO report
The total debt stock of Nigeria is likely to reach N45tn as…