Business

The suspended Central Bank of Nigeria Governor, Godwin Emefiele, is expected to be arraigned at the Federal High Court in Lagos on Tuesday, July 25, 2023 on charges of illegal possession of firearms and ammunition. Justice Nicholas…
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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the country’s petrol daily consumption figure stands at 46.38 million litres due to subsidy removal by the Federal Government. The NMDPRA said the figure…
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By Malik Dauda The Senate has amended the 2022 Supplementary Appropriation Act to extend the implementation year from the 30th of June to the 31st of December, 2023. The National Assembly extended the implementation of the 2022…
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By James Olayinka MTN Nigeria has paid N62.91 billion to the Nigerian Communications Commission (NCC) for the renewal of its licence and the lease of Natcom Development and Investment Limited’s (NTEL) spectrum. MTN Nigeria said the…
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The Independent Petroleum Marketers Association of Nigeria (IPMAN), has ordered its members to suspend all operations across the country. Also, the marketers were ordered to suspend payment of ordering products from source until further…
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The National Broadcasting Commission (NBC) has temporarily suspended the shutdown of the indebted broadcast stations across the country. The NBC Director-General, Balarabe Ilelah, made this known via a statement made available to…
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The presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, says he has the most proactive plan to solve the electricity crisis bedeviling the country. Atiku, in a statement he personally issued on Thursday,…
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Akwa Ibom State Government on Tuesday declared as null and void President Muhammadu Buhari’s approval of the sale of Mobil’s onshore assets to indigenous oil firm, Seplat. The announcement had generated much furore, with the state…
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The national power grid has collapsed again on Wednesday. The Eko Electricity Distribution Company confirmed that the grid collapse occurred at about 11:27 am. “Dear customers, we regret to inform you of a system collapse on the…
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Nigeria’s oldest airline, Aero Contractors, has temporarily suspended operations over economic crisis. Airlines have been complaining about the skyrocketing price of Aviation fuel known as Jet A1 as well as its scarcity. The…
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