Economy

Umahi terminates Benin-Sapele-Warri road contract over poor performance

The Minister of Works, Senator David Umahi, has cancelled the contract awarded to Levant…

CAC raises service charges, new fees begin August 1

The Corporate Affairs Commission has said it will raise the cost of some of…

Petrol should be N700, PENGASSAN accuses marketers of overcharging

The Petroleum and Natural Gas Senior Staff Association of Nigeria has accused fuel marketers…

Dangote refinery to start petrol, diesel distribution nationwide August 15

The Dangote Petroleum Refinery has announced that it will begin the nationwide distribution of…

Reps summon Edun, Cardoso over unremitted funds, audit lapses

The House of Representatives has summoned the Minister of Finance, Wale Edun, and the…

FG seeks China’s support to boost agriculture, food security

Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, has met with Chinese officials in…

Global oil prices rise after Israel strikes Iran

Global oil prices went up sharply on Friday after Israel confirmed it had carried…

Actress Kate Henshaw questions Nigeria’s democracy, cites worsening living conditions

Nollywood actress, Kate Henshaw, has raised concerns about the relevance of Nigeria’s uninterrupted democratic…

FG announces full digital transition for civil service by December

The Federal government has set December 31, 2025 as the deadline to completely phase…

NIHOTOUR begins crackdown on uncertified hotels in Lagos

The National Institute for Hospitality and Tourism has started enforcing strict compliance with certification…

SEC orders companies to pay all unclaimed dividends

The Securities and Exchange Commission has instructed all public companies and registrars to stop…

FG’s savings jump over 500% after petrol subsidy removal — Report

The Federal Government’s savings from removing petrol subsidies have risen by more than 500%…

Banks cut loans to manufacturers by 26% — CBN

Nigerian banks have reduced the amount of loans they give to manufacturing companies by…

US-Nigeria bilateral trade hits nearly $13bn in 2024 – Ambassador

The United States Ambassador to Nigeria, Richard M. Mills Jr., has said that trade…

FCTA threatens closure of 34 embassies over rent debt

At least 34 embassies in Abuja risk being shut down today, Monday, over their…