The House of Representatives has demanded answers from the Nigerian Electricity Regulatory Commission (NERC) over how ₦59 billion disbursed for the National Mass Metering Programme […]
Category: Business
NNPCL, NLNG Strike Major Gas Deal
The Nigerian National Petroleum Company Limited (NNPCL), Nigeria LNG Limited (NLNG), and several upstream suppliers have signed agreements for the supply of 1.29 billion standard […]
NNPC Reports 79.6% Drop in Profit After Tax, Falls to ₦185 Billion
The Nigerian National Petroleum Company Limited NNPC Ltd. has reported a sharp drop in profit after tax, which fell from ₦905 billion in June to […]
US and EU Conclude Record-Breaking Trade Agreement
The United States and the European Union have concluded what is being described as the largest trade deal in history, following high-level talks in Scotland. […]
Nigeria’s External Reserves Climb by $890m, Hit $41bn – CBN
Nigeria’s external reserves have surged to $41 billion as of Tuesday, August 2025 – the highest level since December last year. Data published by the […]
“My Father Lent Me £250,000 That Scaled Up Zenon”- Otedola
Billionaire businessman Femi Otedola has revealed that a £250,000 loan from his father Sir Michael Otedola, a former Lagos State governor was the lifeline that […]
N’Delta Youths Give NNPCL Boss 7-Day Ultimatum to Quit Over Corruption Allegations
The Niger Delta Ethnic Nationalities Youth Leaders Forum (NDENYLF), the umbrella body of youth groups and stakeholders from the oil-rich region, has issued a seven-day […]
President Tinubu scraps 5% Telecoms Tax tn Telecommunication
President Bola Tinubu has scrapped the controversial 5 percent excise duty on telecommunications services, following several criticism from industry players and consumers. Executive Vice-Chairman of […]
Japan exports drops by 2.6 percent
Japan has suffered its sharpest export decline in over four years, as new finance ministry data shows that the impact of U.S. tariffs under President […]
Pencom Blacklists Seven Mortgage Banks Over Housing Loans Breach
The National Pension Commission has directed Pension Fund Administrators and Pension Fund Custodians to immediately stop accepting or processing equity contribution applications submitted by seven […]