Business
Why Nigeria Government Rejected Bill for New Security Agency for Mining Sites
The Nigerian federal government has declined a legislative proposal aimed at creating a specialized security agency to protect mining sites...
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Dangote Refinery Defends Pricing Amid Allegations from Petroleum Marketers
In a robust response to allegations from the Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Petroleum Retail Outlet...
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Nigeria’s Electricity Market Faces Crisis as Stakeholders Question State Governments’ Capacity Under Electricity Act 2023
Nigeria's electricity market could be on the brink of a new crisis as concerns grow about the ability of state...
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TCN, NERC Blame Jebba Transformer Explosion for National Grid Collapse, as NERC Plans Public Hearing
The Transmission Company of Nigeria (TCN) and the Nigerian Electricity Regulatory Commission (NERC) have blamed the recent collapse of the...
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Why NCDMB is Eliminating Middlemen, Reduces Oil & Gas Contracting Cycle to Six Months
The Nigerian Content Development and Monitoring Board (NCDMB) has achieved significant milestones in reforming Nigeria’s oil and gas industry, including...
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Nigeria Targets 4 Million Barrels of Oil Daily and 10bcf Gas Output by 2030 Amid New Offshore Incentives
The Federal Government of Nigeria aims to increase oil production to 4 million barrels per day (bpd) and boost gas...
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What Made Nigeria’s Unemployment Rate to Rise to 5.3% in Q1 2024, NBS Reveals
Nigeria’s unemployment rate climbed to 5.3% in the first quarter of 2024, up from 5% in the last quarter of...
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CBN Moves to Address Cash Scarcity with N1.4 Trillion Injection into Economy
In a bid to tackle the persistent cash scarcity in Nigeria, the Central Bank of Nigeria (CBN) has announced plans...
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CPPE Criticizes CBN’s Interest Rate Hike, Warns of Negative Impact on Economy
The Centre for the Promotion of Private Enterprise (CPPE) has expressed strong opposition to the Central Bank of Nigeria’s (CBN)...
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Rivers State Governor Siminalayi Fubara Vows to Revive Economic Development, Blames Past Mismanagement
Rivers State Governor Siminalayi Fubara has attributed the decline in the state’s economic growth to previous mismanagement but assured residents...
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- Residents Flee as Suspected Herdsmen Attack Another Community in Benue
