BUSINESS
FEC Approves ₦13.08 Trillion 2021 Budget
The Federal Executive Council (FEC) presided over by President Muhammadu Buhari on Wednesday approved N13.09 trillion budget estimate for 2021 fiscal year. Briefing State House...
NNPCL Confirms 1.5bn Litres Of Petrol In Stock, Moves To Fight Hoarding
The Nigerian National Petroleum Company (NNPC) Limited has engaged security agencies and other industry stakeholders to dismantle cartels suspected to be hoarding petrol across...
Nigeria, Equatorial Guinea Sign Gas Pipeline Deal
Nigeria and the neighbouring Equatorial Guinea have sealed a deal on the Gulf of Guinea Pipeline Project, further affirming the partnership for mutual development,...
Dangote Loses N240b In 5 Hours To Coronavirus
Africa’s richest man Aliko Dangote on Wednesday lost more than N240 billion in five hours as the effect of the coronavirus bit harder on...
FG considers $2.8 billion external loan for 2020 budget
The Debt Management Office (DMO) on Friday said the Nigerian government was considering taking a loan from foreign sources to fund the 2020 budget...
Togo, Benin Yet To Remit $14m Electricity Bill Owed To Nigeria — FG
None of the four international bilateral customers being supplied by the power generation companies in the Nigerian electricity supply industry made payment against the...
SEC Issues Warning On Ponzi Schemes, Urges Public Vigilance
The Securities and Exchange Commission (SEC) has reiterated its warning about the dangers of Ponzi schemes, emphasizing their destructive effects on investor confidence, financial...
How Customs Intercepted N2.8bn Worth Of Contraband Goods In Owerri, Nabs 13 Suspects
The Federal Operations Unit, Zone ’C’, Owerri, of the Nigeria Customs Service intercepted contraband goods valued N2.8 billion between January 25 and March 25. The...
Fubara Signs ₦1.1trn Rivers 2025 Budget Into Law, Says Only One House Of Assembly Exists
Rivers State Governor, Siminalayi Fubara, has signed the ₦1.1 trillion 2025 Budget into law. Fubara, in a speech after signing the bill into law on...
Palliatives: N8,000 Lots Of Money, Says Nasarawa Governor Sule
The Governor of Nasarawa State, Abdullahi Sule, says he disagrees with those arguing that the proposed N8,000 palliative by the Federal Government won’t do...
