Business Scene
FG says no going back on solar panel imports ban
The Federal Government has said there is no going back on the proposed ban on the importation of photovoltaic solar...
Nigeria’s external debt servicing projected to hit $5.2 billion – Report
A report by Fitch Ratings has projected that Nigeria’s external debt service may rise to $5.2 billion this year. The...
FG, others owing GenCos N4 trillion — Official
The Power Generation Companies (GenCos), have appealed to the Federal Government and stakeholders in the power sector to settle the...
Trump’s tariff regime will strain Nigeria’s fiscal, monetary policies – Expert
A renowned Economist, Prof Ken Ife, says the new tariff regime spearheaded by American President, Donald Trump would put pressure...
Stock market indices decline 0.03%
The stock market began the week on a negative note on Monday, as performance indices dipped by 0.03 per cent....
$1 trillion economy: Banking recapitalisation on course – CBN
The Central Bank of Nigeria (CBN) has affirmed the preparedness of the Nigerians banks for the ongoing recapitalisation exercise. The...
AfCFTA: FG gazettes ECOWAS tariffs
The Federal Government has officially gazetted and transmitted the ECOWAS schedule of tariff offers for Trade in Goods under the...
Power generation: NMDPRA slashes gas price for GenCos
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has slashed the price of natural gas for power generation companies...
Nigeria’s crude oil output drops in March
Nigeria’s average daily crude output fell in March, to an average of 1.40 million barrels per day, from 1.465 mbpd...
FG plans $2.3 billion investment to revamp power sector
Minister of power, Adebayo Adelabu, has disclosed plans by the federal government to secure about $2.3 billion investment to revamp...