Fuel price hike loom as brent crude hits $79.76/barrel
The prices of refined petroleum products may increase in the coming days due to the rise in Brent crude oil prices. On…
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Cargo ship sinks in Singapore region, crew rescued safely
The Vietnamese cargo ship Dolphin 18 sank in the Singapore Maritime Search and Rescue Region. The Maritime and Port Authority of Singapore…
Navy intercepts boat with 100,000 litres of stolen crude
The Nigerian Navy personnel at NNS Jubilee in Ikot Abasi LGA, Akwa Ibom, have intercepted a boat carrying approximately 100,000 liters of…
Nigerian exchange gains N507bn as market capitalization hits N63.56trn
Investors on the Nigerian Exchange gained N507 billion on Wednesday, with market capitalization rising to N63.56 trillion from N63.05 trillion in the…
Telecom tariffs to increase soon, but not 100% – Minister
The Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, has announced that the Nigerian Communications Commission will soon outline modalities…
NCC, Telcos to fund infrastructure upgrades with tariff proceeds
Nigerian mobile operators plan to channel revenue from the proposed 100% tariff increase into significant network infrastructure upgrades and improved service quality.…
Meta scraps fact-checking program, introduces X-like community notes feature
Meta CEO Mark Zuckerberg announced on Tuesday that the company will phase out its fact-checking program and introduce a new community notes…
Femi Otedola named 2024 ‘Investor of the Year’
Billionaire investor and prominent figure in Nigeria’s capital market, Femi Otedola, has been honored with the title of “Investor of the Year…
Cut corporate tax to 7.5%, NACCIMA urges Tinubu
The National Association of Chambers of Commerce, Industry, Mines, and Agriculture has called on President Bola Tinubu’s administration to take decisive steps…
PETROAN urges FG to privatize Warri, Kaduna refineries
The Petroleum Products Retail Outlets Owners Association of Nigeria has called on the federal government to privatize the Warri and Kaduna refineries.…
Obasanjo aide slams ‘disrespectful’ NNPCL invitation
Former President Olusegun Obasanjo has criticized the Nigerian National Petroleum Corporation Limited over an invitation extended to him for a tour of…
Telcos propose 100% tariff hike
Nigerian telecommunications companies have requested a 100% tariff increase to cope with rising operational costs, such as inflation and higher service delivery…