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Business News; Tracks, records, analyzes, and interprets the businesseconomic and financial activities, and changes that take place in societies.

Nigeria To Pay More For Petrol Subsidy As Oil Prices Hit Two Month High

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Oil prices continued their surge yesterday, hitting a two-month high amid projections that lack of production capacity and limited investment in the sector could...

How Buhari Dropped Ararume As NNPC Board Chairman

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Muhammadu Buhari has dropped Senator Ifeanyi Ararume as Chairman of the Board of the Nigerian National Petroleum Company (NNPC) Limited. The President also replaced Senator...

CBN, NTA, Others Return Over N1tr To Government

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Nigeria’s independent revenue crossed the N1 trillion mark in 2021, ABN TV learnt on Wednesday. Minister of Finance Budget and National Planning Mrs Zainab Ahmed...

President Buhari Signs 2022 Appropriations Bill Of N17.127trn Into Law

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President Muhammadu Buhari is currently signing the 2023 Appropriations Bill of N17.126 trillion into law. The signing ceremony is taking place at the Council Chambers,...

NDDC Audit: We’ll Recover Every Missing Fund, Culpable Person’ll Face Law, Buhari Vows

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President Muhammadu Buhari Thursday in Abuja said the concluded forensic audit of the Niger Delta Development Commission (NDDC) was being reviewed, with a view...

FG Expresses Sadness Over Next Cash N Carry Fire, Pledges Support

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THE federal government, Wednesday, described last Sunday’s fire incident at Next Cash & Carry, Abuja, which described goods worth several billions of naira as...

Customers’ Complaints Arose More On Electricity, Banking, Followed By Aviation And Telecommunication In 2021 — FCCPC

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The Federal Competition and Consumer Protection Commission (FCCPC) says electricity has again topped its 2021 consumer-related complaints chart just like in 2020. The Chief Executive...

Arik Sacks 10 Pilots Who Protested Pay Disparity, Welfare With Foreign Colleagues

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The management of Arik Air has dismissed at least 10 of its pilots for embarking on industrial action without due notice. The Guardian learnt that...

Nigeria Got Nothing In Second Quarter 2021 For Giving Togo, Benin Republic, Niger Power — NERC

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  The Nigerian Electricity Regulatory Commission (NERC) has said that three neighbouring countries did not make any payment for the second quarter of 2021. In its...

48.6% Of Electricity In Nigeria Supplied From Generators — NBS

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Generators powered by petrol, diesel and gas provide 48.6 per cent of the electricity consumed by power users across the country, according to the...

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