Latest Business News
FG moves to settle N4trn electricity debt as Gencos threaten shutdown
Minister of Power has pledged to address N4tn electricity debt owed…
UBA upgrades PoS Terminal, redefines MONI App to enhance digital payment
United Bank for Africa (UBA) Plc has unveiled its vastly improved Point…
CBN flags rising defaults among large companies in Q1 2025
The Central Bank of Nigeria (CBN) has reported a concerning uptick in…
Oando says its gas pipelines in Bayelsa attacked thrice in one week
Oando Plc says it is working with authorities to probe the…
Dangote refinery reduces petrol price to N865/litre for oil marketers
The Dangote Petroleum Refinery has reduced the price of petrol at…
NERC fines eight DisCos N628m for overbilling unmetered customers
The Nigerian Electricity Regulatory Commission (NERC) has sanctioned eight power distribution…
Elumelu warns Nigeria’s $1trn economy impossible without power
In a rebuke of Nigeria’s faltering energy reforms, Chairman of Transcorp…
Petrol price drop imminent as FEC renews naira-for-crude deal
Oil marketers are anticipating a drop in petrol pump prices due…
Trump pauses tariffs for several countries… raises China’s rate to 125%
U.S. President Donald Trump's stunning decision to pause the hefty duties he…
US criticises Nigeria’s import ban on agricultural, pharmaceutical goods
The United States Trade Representative on Monday, criticised Nigeria’s import ban on…
