BUSINESS
Price Of Bread To Rise In Nigeria As Russian-Ukrainian Face Off Continues
The price of bread, one of the most commonly eaten staples in most Nigerian homes is set to rise if the current Russian-Ukrainian war...
300,000 N-Power Beneficiaries To Get CBN Loan — FG
The Federal Government, on Thursday, said that there was an exit programme for about300,000 N-Power beneficiaries to get loans from the Central Bank of...
NNPC Says It Rejected 5 Cargoes Containing Substandard Petrol
The Nigerian National Petroleum Company Limited, on Wednesday, disclosed how five cargoes containing ethanol-laden Premium Motor Spirit (petrol) were rejected after discovering that the...
NNPC Apologises To Nigerians Over Pains Caused By Contaminated Fuel
Nigerian National Petroleum Company Limited has said it regrets the hardships it caused Nigerians by the importation of off-spec Premium Motor Spirit, known as petrol. The Group Managing Director of t...
We Will Normalize Distribution Of PMS, Inject 2.1bn Liters By Month End – NNPC GMD
Group Managing Director, GMD of the Nigerian National Petroleum Corporation NNPC, Mr. Mele Kyari has said that distribution of Premium Motor Spirit, PMS, otherwise...
FG Earmarks N2.55tr For Subsidy In Supplementary Budget
President Muhammadu Buhari has earmarked N2.55trillion for fuel subsidy in the 2022 Supplementary Appropriation Bill transmitted to the National Assembly for consideration and approval. The...
Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos
Residents of Abuja and neighbouring states of Niger and Nasarawa are still facing tough times sourcing for Premium Motor Spirit, popularly called petrol, with the commodity selling for as high as N400...
MTN Pays $253.86m Balance To NCC For 5G Licence
MTN Nigeria has paid the remaining $253.86 million to complete the $273.6 million fifth-generation (5G) licence fee to the Federal Government before the February...
Selling Forex To Banks To End In 2022 – CBN
The Central Bank of Nigeria (CBN) has put Deposit Money Banks (DMBs) on notice that it will stop selling forex to them by the...
Oil Wasn’t Developed With Money From Cocoa, Says Bayelsa Governor
Bayelsa State Governor Duoye Diri has explained that oil wasn’t developed in Nigeria by money made from cocoa farming but money invested by international...
