Business

Business

FG raises electricity tariff from N66 to N225 per kilowatt-hour

The Nigerian Electricity Regulatory Commission has approved an increase in electricity tariff for customers under the Band A classification. The Vice Chairman, NERC, Musliu Oseni,...
Seyi Babalola -
Business

Diesel price drops as Dangote sells N1,225/litre

The pump price of Automotive Gas Oil, popularly called diesel, has dropped from about N1,700/litre which it sold for a few weeks ago, to...
Seyi Babalola -
Business

Dangote, Adenuga, Abdulsamad, Otedola make Forbes Billionaires list 2024

Forbes has listed Nigerian businessmen, Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu and Femi Otedola, as the top richest Nigerians in 2024. This comes as the...
Samuel Oludeti -
Business

Naira gains N30.81 against dollar, sells for below 1,280/$

The naira began the new month on a bullish note, appreciating to N1,278.58 against the United States dollar from N1,309.39 per dollar recorded last...
Dorcas Tyena -
Business

CBN’s aggressive monetary policy tightening will boost foreign investment, strengthen Naira – expert

A renowned Economist, Prof. Ken Ife, says aggressive monetary policy tightening adopted by the Central Bank of Nigeria (CBN) will attract foreign portfolio investments...
Dorcas Tyena -
Business

Electricity consumers increase to 12.12m in Q4 2023 – NBS

The number of electricity consumers rose by 410,000 from 11.71 million in the third quarter of 2023 to 12.12 million in the fourth quarter...
Samuel Oludeti -
Business

UBA, Zenith Bank, 2 others delay in filing 2023 results

Four banks have disclosed that they will delay the filing of their audited results for 2023. The United Bank for Africa, Zenith Bank, Stanbic IBTC...
Dorcas Tyena -
Business

Hunger Alleviation: Dangote’s over 1 million rice gets to 17 states

Managing Director and Chief Executive Officer of the Aliko Dangote Foundation, ADF, Zouera Youssoufou, said that 17 states have received their shares of the...
Dorcas Tyena -
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Business

Again, Dangote crashes diesel, Aviation fuel prices to N940, N980

Dangote Petroleum Refinery has again announced a further reduction in the prices of both diesel and aviation fuel to...
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News

Appeal Court fails to hear EFCC appeal against Yahaya Bello’s arrest

The Court of Appeal in Abuja on Monday did not sit to hear the suit lodged by the Economic...
News

Joint Unions Action Committee honors Dr. Jumai Ahmadu

Dr. Jumai Ahmadu, Ag. Director, FCT Reform Coordination and Service Improvement Department, has been honoured with the 2023 Best...

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Business

Again, Dangote crashes diesel, Aviation fuel prices to N940, N980

Dangote Petroleum Refinery has again announced a further reduction...
News

Appeal Court fails to hear EFCC appeal against Yahaya Bello’s arrest

The Court of Appeal in Abuja on Monday did...
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