Apo Mechanic Market Relocation: 11,000 Traders Transition to Wasa
The Federal Capital Territory Administration (FCTA) has registered 11,000 Apo Mechanic Village merchants and craftspeople to move to the permanent location in Wasa District,...
Telecom Industry Faces Revenue Squeeze Amid 41% User Decline
With the average revenue per user (ARPU) falling 40.87 percent to $1.85 in Q3 2024 from $3.12 in the same period previous year, Nigerian...
Fuel Imports Rise Despite NNPCL’s Local Refinery Promises
The cost of importing fuel reached around ₦3 trillion between October 1 and November 11, putting the Nigerian National Petroleum Corporation Limited (NNPCL) under...
Nigeria’s Foreign Debt Servicing Jumps 107.7% to N3.8 Trillion in Eight Months
Between January and August of 2024, the cost of servicing Nigeria's foreign debt increased by 107.7% to N3.8 trillion, far above the estimates made...
IPMAN Highlights Cost of Petrol for Marketers at Dangote Refinery
According to the Nigerian Independent Petroleum Marketers Association, the cost of gasoline from the Dangote Refinery was N940 per liter when bought by ship...
CBN Introduces Innovative Steps to Advance Financial Inclusion
Contractor corruption has been blamed by Mr. Ola Olukoyede, Executive Chairman of the Economic and Financial Crimes Commission (EFCC), for the frequent outages of...
NNPC Set to Launch 12 CNG Stations
In an attempt to increase the current 1.6 billion cubic feet of gas supply for the domestic market, NNPC Ltd.'s Group CEO, Mele Kyari,...
NDIC Initiates Sale of Heritage Bank Assets
The dissolved Heritage Bank's physical assets and landed properties are up for auction nationwide by the Nigeria Deposit Insurance Corporation, or NDIC.
This was revealed...
NPA to Integrate Export Terminals, Domestic Export Warehouses
Nigerian Ports Authority (NPA) has stated that the Export Processing Terminals (EPTs) should be connected to the Domestic Export Warehouse (DEW).
For Small and Medium...
Nationwide Strike Looms as NUPENG Condemns Naval Officers’ Invasion of Oil Platform in Nigeria
As the Naval Special Forces overran the Oritsetimeyin oil drilling rig to evict workers, the Nigeria Union of Petroleum and Natural Gas Workers, or...
