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Business & Economy
BRICS Renews Push for Local Currencies and Cheaper Cross-Border Trade
BRICS member states have reaffirmed their commitment to reducing the cost of trade among emerging economies by promoting the use of local currencies.
The bloc said the move is aimed…
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Minister Urges OAU to Commercialise Mineral Resources for Revenue Generation
Meanwhile, the minister called on the OAU to collaborate with private investors in joint ventures, observing that the investors could provide capital and equipment, while the university…
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Fuel Price: NMDPRA Reveals When Petrol Prices Will Fall
The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, said when Nigerians should expect a reduction in Premium Motor Spirit, PMS, pump prices across the…
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TCN Raises Nigeria’s Power Transmission Capacity to 8,700MW
The Transmission Company of Nigeria, TCN, says it has a simulated transmission network capacity of over 8,700 megawatts, with over 8,500MVA transformation capacity to convey electricity…
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NIBSS: BVN Enrolment Surges, Nears 70 Million
BVN enrollments have hit 69,972,475 as of August 23, edging closer to the 70 million mark and highlighting the growing importance of biometric authentication in the banking sector as…
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DisCos Failed to Collect N669.5bn Electricity Bills in 2025 – NERC
Nigeria’s electricity distribution companies (DisCos) might be unable to recover N669.49 billion from electricity bills issued to customers in 2025, raising fresh concerns about the…
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Fuel Subsidy Dispute: Economists and Oil Marketers Make Their Positions Known
Economists and stakeholders in Nigeria’s petroleum sector have weighed in on the ongoing debate over fuel subsidy amid volatility in the prices of Premium Motor Spirit, PMS, and other…
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NISO Urges Stronger Collaboration To Stabilise Nigeria’s Electricity Grid
The Nigerian Independent System Operator (NISO) has called for increased collaboration among the stakeholders of the Nigerian Electricity Supply Industry (NESI) to enhance the…
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Nigeria Unveils Agritourism Village to Drive Economic Growth, Food Security
Nigeria’s Minister of Agriculture and Food Security, Mr. Abubakar Kyari, has said that agritourism would unlock the entire potential of the rural economies through the combination of…
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NGX Suffers Eighth Consecutive Session of Losses as Investors Lose N5.45tn
Investors in the Nigerian stock market lost a total of N5.45 trillion as the equities market continued its bearish run for the eighth straight session on Thursday.
It was reported that…
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