Business & Economy
May Day Outcry: NLC, TUC Blame Greed and Incompetence for Nigeria’s Energy Sector Collapse
Leaders of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have issued a damning critique of Nigeria’s energy sector, attributing ...
Business & Economy
Nigeria’s 2025 Budget at Risk as Oil Prices Plunge
Concerns over the successful implementation of Nigeria’s 2025 budget grew over the weekend, as global oil prices dropped sharply to $59 per barrel, ...
Business & Economy
Stakeholders Back Tinubu’s Ban on Foreign Goods
Stakeholders have shown strong support for President Bola Ahmed Tinubu’s decision to ban foreign goods, arguing that the move will boost indigenous businesses, ...
Business & Economy
Tinubu Approves $122.2bn Electricity Reform Roadmap
President Bola Tinubu has formally ratified the long-awaited National Integrated Electricity Policy, unlocking a strategic roadmap poised to attract $122.2 billion in investments ...
Business & Economy
Banks Raise SMS Alert Fees to ₦6 as Telecom Tariffs Climb
Nigerian banks have officially begun implementing a revised charge of ₦6 per SMS for transaction alerts, following a recent hike in telecommunications tariffs ...
Business & Economy
Tech Billionaires Lose $300 Billion in Trump’s First 100 Days
In a dramatic economic shift, tech moguls including Elon Musk, Jeff Bezos, and several other U.S. billionaires have collectively lost over $300 billion ...
Business & Economy
NNPCL’s Refinery Crisis: Billions Wasted, Experts Blast Mismanagement
Industry experts and operators have raised concerns about the Nigerian National Petroleum Company Limited (NNPCL), particularly regarding transparency, efficiency, and the management of ...
Business & Economy
Drop in Petrol Price Sparks Nationwide Reduction in Cooking Gas Costs — IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has attributed the recent drop in the price of Liquefied Petroleum Gas (LPG), commonly known ...
Business & Economy
Supreme Court Overturns N22 Trillion Judgement Against Union Bank After 25-Year Legal Battle
The Supreme Court has set aside a 2014 Federal High Court judgement that awarded over N22 trillion against Union Bank and others in ...
Business & Economy
IMF to Nigeria: Expand Tax Base to Withstand Economic Shocks
The International Monetary Fund (IMF) has called on Nigeria and other African nations to step up efforts in boosting tax revenue by widening ...