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

We Generated The Highest Revenue Of N6.4 Trn In 2021 — FIRS

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  The Federal Inland Revenue Service (FIRS) generated a record N6.4 trillion as revenue in 2021, the highest in its history. Last year's revenue collection exceeded...

President Buhari Suspends Proposed Removal Of Petrol Subsidy Indefinitely

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President Muhammadu Buhari has approved the suspension of the planned removal of petroleum products subsidy until further notice. This was disclosed to State House Correspondents...

Dangote’s Refinery Is Game-Changer For Nigeria, Africa – Akinwumi Adesina

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President of the African Development Bank (AfDB) Akinwumi Adesina has described the Dangote Refinery and Petrochemical Plant projects as a “game-changing initiative” that will...

Buhari Against Fuel Subsidy Removal – Sylva

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  The Minister of State for Petroleum, Timipre Sylva, says President Muhammadu Buhari is not in support of the removal of subsidy on the Premium...

My Refinery To Commence Operations Before September, Says Dangote

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  Alhaji Aliko Dangote, President of Dangote Group, says the Dangote Refinery and Fertiliser projects will come on stream before the end of third quarter...

President Buhari Unveils 1 Million Bags Of Rice Pyramids In Abuja (Pictures)

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The Executive Governor of Jigawa state Alhaji Mohammed Badaru Abubakar joins President Muhammadu Buhari to unveil the FCT MEGA rice pyramids in Abuja. The One...

Nigeria’s Debt Stock Hits ₦39.6 Trillion In 11 Months

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Nigeria’s total debt stock rose from N32.9tn as of December 2020 to N39.6tn in November 2021. The Minister of Finance, Budget and National Planning, Mrs...

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...

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