The Federal Government has officially prohibited the production, sale, and distribution of alcoholic beverages packaged in sachets and bottles smaller than 200 millilitres, in a […]
Category: Business
Tech Gains Offset by Japan, Interest Rate Concerns
Global markets saw mixed movements today as investors weighed gains in technology stocks against political uncertainty in Japan and broader concerns over interest rates. While […]
The world is taking note and Nigerians are beginning to feel the impact. Dr. Daniel Bwala, Spoke Person to the President.
The IMF has just raised Nigeria’s growth forecast to 3.9% in 2025 and 4.2% in 2026, another strong validation of the President Tinubu administration’s economic […]
NIPOST Cuts Logistics Costs by 15% to Boost Over 20,000 Nigerian MSMEs
The Nigerian Postal Service (NIPOST) has introduced a 15 percent reduction in logistics costs for more than 20,000 Micro, Small, and Medium Enterprises (MSMEs) registered […]
Lagos Issues Two-Week Ultimatum to Trade Fair Complex Developers Over Building Approvals
The Lagos State Government has given property owners and developers within the Trade Fair Complex in Ojo a two-week deadline to regularise their building approvals […]
Federal Government slashes cost of signature bonuses to $10 million dollars
The Federal Government has slashed the cost of signature bonuses in Nigeria’s oil sector from $100 million to $10 million in a major policy shift […]
Nigeria Loses $3.3 Billion To Oil Theft And Pipeline Sabotage
The Federal Government of Nigeria lost an estimated 13.5 million barrels of crude oil, valued at $3.3 billion, to oil theft and pipeline sabotage between […]
Senate: We’ve Received NNPCL’s Response on N210trn Audit Query
The Nigerian National Petroleum Company Limited (NNPCL) has formally responded to all 19 questions raised by the Senate Committee on Public Accounts concerning the alleged […]
Global Oil Prices Fall By 1 Percent
Global oil prices fell today, sliding more than one percent after signals that OPEC+ could raise output in November and Iraq’s Kurdistan region resumed exports […]
FG Urge PENGASSAN To Shelve Proposed Strike Action
The Federal Government has called on the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, to reconsider its planned nationwide strike scheduled to […]