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

Group Condemns Kogi State Govt Over Closure Of Obajana Cement Factory, Says It’s Illegality

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A group, The Coalition For Civil Society Groups in Abuja has condemned the illegal closure of Obajana cement factory by the government of Kogi...

Capital Projects Ongoing, Not Abandoned —Finance Ministry

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Nigeria’s Current Account Surplus Rises 46% To $4.98bn

The Federal Ministry of Finance has clarified that capital projects across Nigeria remain active despite concerns over low cash releases to ministries, departments, and agencies (MDAs)....

FG Stops Purchase Of Vehicles

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Federal Government has stopped what it called non-critical and administrative capital spending, including the purchase of vehicles. The Special Adviser to the President on Media...

NELFUND Approves Student Loan Disbursement

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NELFUND Approves Student Loan Disbursement

The Nigerian Education Loan Fund (NELFUND) has approved student loan disbursement to successful applicants. NELFUND held its inaugural board meeting on Wednesday, marking a milestone...

N200/SCM Vs N1,000/Litre Petrol: Tinubu Introduces CNG As Cheaper Alternative To Petrol

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Declare State Of Emergency On Southern Routes, CSG Urges Tinubu

President Bola Tinubu says Nigerian motorists now have the option of buying fuel at N1,000 per litre or gas equivalent at N200 per Standard...

Experts Disagree As Presidency Claims Inflation To Drop To Single Digit

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Experts Disagree As Presidency Claims Inflation To Drop To Single Digit

The Presidency has assured Nigerians that the inflation rate in the country is heading towards a single digit and would translate to better living...

Sanwo-Olu Presents N2.2trn 2024 Budget To Lagos Assembly

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Lagos Urges Caution Over Expired Products In Markets

The Lagos State Governor, Mr Babajide Sanwo-Olu, on Wednesday, presented a budget estimate of N2.2 trillion for the 2024 fiscal year to the state...

Minister Says FG Can’t Continue Payment On Electricity Subsidy

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Adelabu Declares Intention To Contest 2027 Oyo Gubernatorial Election

The Minister of Power, Adebayo Adelabu, says Nigeria cannot continue to subsidise electricity, adding that the nation must begin to move towards a cost-effective...

Abia Petrol Stations Shut For Over-pricing

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Benue, Kano, Niger Marketers Hike Fuel, Blame Transport Cost

Many filling stations in Aba, the commercial nerve centre of Abia State, have shut down due to high cost of sourcing petroleum products from...

International Oil Companies Plotting Failure Of Our Refinery, Dangote Alleges

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The Vice President, Oil and Gas, at Dangote Industries Limited, Devakumar Edwin, has accused International Oil Companies, IOCs, in Nigeria of doing everything to...

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