FG loses N335m to oil spillage – Report
Data from the National Oil Spill Detection and Response Agency indicates that Nigeria lost almost N335m to…
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Forex turnover records N22tn in seven months on FMDQ
The foreign exchange turnover on the FMDQ reached a total of N22.98tn ($44bn) over the period spanning from January to…
FG to submit 2024 budget in October
The Ministry of Budget and Economic Planning has stated that the 2024 budget will be submitted to the House of Assembly by…
NIMC promises improvement in NIN registration
The National Identity Management Commission’s acting director general and CEO, Abisoye Coker-Odusote, promised a smooth registration process for the National Identification Number both…
FG failing to meet refineries’ crude oil demands – Operators
The Federal Government is not supplying the amount of crude oil needed for the modular refineries to produce refined petroleum products, according…
Brent crude sells above $88/barrel, highest since Jan
Brent crude oil was trading at a phenomenal price of more than $88 per barrel early on Saturday, September 2, 2023. This…
BUA plans to reduce cement prices
The Chairman of BUA Cement Plc, AbdulSamad Rabiu, expressed confidence that a drop in cement prices would…
NOSDRA proposes N19bn fine for gas flaring by oil companies
The National Oil Spill Detection and Response Agency has stated that oil companies that fail to reach the country’s zero gas flare…
National grid goes 400 days without collapse
The Transmission Company of Nigeria stated that the Nigerian power grid has been stable for 400 days without interruptions or system failures, totaling…
Health ministry to raise sugar tax to 20%
The Federal Ministry of Health has demonstrated its dedication to augmenting the tax on Sugar-Sweetened Beverages, proposing an increase from…
Dangote justifies cement price amidst criticism
Dangote Cement Plc has stated that its cement pricing is comparable to or cheaper than those seen along the West African coast.…
88.2% labour force lack salary-paying jobs – Report
A research by The Punch indicates that 88.2% of Nigerians of working age do not have salary-paying jobs. According to National Bureau of Statistics…