Business Scene
Tinubu to IMF chief: We’ll continue to prioritise social investment programmes
President Bola Tinubu says his administration will continue to prioritise the welfare of the poor and most vulnerable. The President...
IMF expresses strong support for Tinubu’s reforms
The International Monetary Fund (IMF), has expressed strong support for President Bola Tinubu’s economic reforms. Managing director of IMF, Kristalina...
Dangote resumes crude oil purchase from US
The Dangote Petroleum Refinery has resumed the purchase of crude oil from the United States in its ongoing efforts to...
Tax reform bills will invalidate Finance Act – Taiwo Oyedele
Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has stated that the Finance Act will...
After gulping N5.5 billion, Sokoto gov’t approves fresh N950 million for moribund power project
Despite gulping over N5.5 billion and producing zero electricity, the Sokoto State Government has again approved fresh N950 million for...
Recapitalisation: Banks raise N1.7 trillion via e-offering
The Securities and Exchange Commission (SEC) says N1.682 trillion has been raised by banks through e-offering in the recapitalisation exercise....
Maritime: Oyetola deposits three Accession instrument at IMO
The Minister of Marine and Blue Economy, Alhaji Adegboyega Oyetola, has deposited three Instruments of Accession to the International Maritime...
NNPC’s Utapate crude grade hits global oil market
The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has officially unveiled its latest crude oil grade, the Utapate crude oil...
Import licence: NNPC asks court to strike out Dangote refinery’s suit
The Nigeria National Petroleum Corporation Limited (NNPCL) has asked a Federal High Court in Abuja to strike out a suit...
Reps recommend N500 billion recapitalisation for DISCOs
The House of Representatives has recommended a recapitalisation of not less than N500 billion for all Electricity Distribution Companies (DISCOs)...