Business & Economy
Kaduna, Neighboring States in Darkness as Electricity Workers’ Strike Continues
Residents of Kaduna and neighboring states under the Kaduna Electricity Distribution Company (KEDCO) have been without power for over two days following an ...
Business & Economy
Oil Marketers Drop NNPCL Franchise as Price War Intensifies in Downstream Sector
Several oil marketers in Nigeria have begun rebranding their filling stations by removing the Nigerian National Petroleum Company Limited (NNPCL) logo, signaling a ...
Business & Economy
FG Spends ₦200 Billion Monthly on Electricity Subsidy, Targets Low-Income Households
The Federal Government is currently subsidizing electricity supply by ₦200 billion monthly, with efforts underway to ensure the subsidies benefit the most vulnerable ...
Business & Economy
Dangote Refinery Slashes Petrol Prices, Sparking Mixed Reactions from Marketers
In a move aimed at easing economic pressures for Nigerians, Dangote Petroleum Refinery announced a reduction in the ex-depot price of Premium Motor ...
Business & Economy
Nigeria Plans 66% Increase in Electricity Tariffs, Facing Strong Consumer Opposition
The Federal Government of Nigeria is set to raise electricity tariffs by more than 66%, from N116.18 to N193.63 per kilowatt-hour, a move ...
Business & Economy
Nigerians Challenge Telecom Tariff Hike as Subscribers Take NCC to Court
Nigerians are mounting a legal challenge against the recent 50 per cent increase in call and data tariffs, with telecom subscribers and advocacy ...
Business & Economy
NCC, Telcos Rule Out Extension as USSD Debt Deadline Looms
The Nigerian Communications Commission (NCC) and telecommunications operators have ruled out any extension to the deadline for banks to settle outstanding Unstructured Supplementary ...
Business & Economy
Crude Oil Price Drop Leads to Reduction in Domestic Petroleum Product Costs
Crude oil prices have experienced a significant drop of 8% to $78.17 per barrel, down from over $85 per barrel over the weekend. ...
Business & Economy
Nigeria Poised for Significant Boost in Oil Production, Expert Says
Nigeria’s oil production is set to increase from 900,000 barrels per day to over 1.5 million barrels per day, according to Solomon Oseagah, ...
Business & Economy
Nigeria and Switzerland Set to Forge Stronger Ties to Drive Innovation and Economic Growth
The President of the Nigerian Senate, Senator Godswill Akpabio, has reaffirmed Nigeria’s commitment to deepening its partnership with Switzerland, with a focus on ...