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Business & Economy
Fuel Price Speculation Forces Nigerian Filling Stations To Shut Down
Speculation hikes in premium motor spirit price have forced some Nigerian filling stations to shut down.
It was Thursday morning showed Total, Emedab and other filling stations are…
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Fitch Warns Oil, Agriculture Expose Nigerian Banks To Climate Risks
Nigerian banks are particularly vulnerable to climate-related risks as significant portions of their loan portfolios are exposed to oil, gas and agriculture, sectors that will…
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UN Says Nigeria Faces Tougher Fight For Foreign Investment Amid Global Uncertainty
The United Nations Conference on Trade and Development (UNCTAD) has warned that rising global uncertainty, trade disputes and geopolitical tensions could make it harder for Nigeria and…
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Rising Reserves May Not Protect Nigeria From UAE Loan Risks – Report
Nigeria’s recent $1.5 billion funding deal with a United Arab Emirates bank might have provided some short-term relief for foreign exchange pressures but the deal presents potential…
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CBN Regulatory Reset: What New Rules Mean For Nigerian Banks
Nigeria’s financial system has been under the shadow of regulatory warnings, weak enforcement and recurring compliance failures for years.
But with the recent wave of sanctions by…
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Ekiti Government Disburses N55.6m Grant to 177 Entrepreneurs for Business Growth
The Ekiti state government has approved the release of N55.6 million grants to 177 entrepreneurs picked from across the state under the Innovation Enterprise Support Fund (IESF) to…
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NNPC: Senate Disowns Committee’s Arrest Warrant for Kyari
The Senate has distanced itself from the arrest warrant issued by its Committee on Public Accounts against the immediate Group Chief Executive Officer of the Nigerian National Petroleum…
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Experts Warn Nigeria Losing $850 Million Annually in Digital Revenue
Key players in Nigeria’s digital ecosystem have raised concerns over the country’s growing dependence on foreign digital infrastructure, warning that Nigeria loses about $850 million…
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NUPRC and NNRA Partner to Reduce Oil Costs and Improve Safety
Nigeria's nuclear and oil watchdogs are forming a new alliance in an effort to address regulatory overlap.
According to Mrs. Oritsemeyiwa Eyesan, Commission Chief Executive of the…
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Why Cooking Gas Prices May Remain High and Supply Limited Across Nigeria
Nigeria, with the largest proven gas reserves and increasing production in Africa, is facing a shortage of Liquefied Petroleum Gas (LPG) popularly known as cooking gas.
The shortage…
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