Fuel Scarcity: NNPC Extends Filling Station Hours to Improve PMS Supply
The Nigerian National Petroleum Company Limited (NNPC Ltd.) announced an extension of operating hours for fuel stations to enhance the…
FG Plans to Secure Additional $2 Billion Crude Oil-Backed Loan to Boost Economy – Report
The federal government of Nigeria is planning to secure an additional $2 billion in crude oil-backed loans from international creditors…
Exorbitant Bills: Enugu DisCo to Refund ₦11.8 Billion to Southeast Customers
The Enugu Electricity Distribution Company (EEDC) must refund over N11 billion to customers in the southeast region for overbilling them…
Economic Crisis: Massive Job Losses as 16 Multinationals Exit Nigeria in Three Years
As Nigeria battles an economic crisis exacerbated by the government’s policies on petrol subsidy removal and FX window unification, several…
Emzor to Begin Production of Pharmaceutical Ingredients in Nigeria to Reduce Drug Costs – Official
Emzor Pharmaceutical Industries Limited, a leading indigenous pan-African manufacturer and distributor of medicines and surgical equipment, has announced plans to…
ECOWAS Single Currency’ll Boost W’African Economy – Edun
The Minister of Finance, Edun, stated that the single-currency ECO would promote economic growth and development in the West African…
Nigeria’s debt to World Bank rises by $1.07 billion under Tinubu’s administration
Nigeria’s debt to the World Bank has increased by $1.07 billion under President Bola Tinubu’s administration. According to an analysis…
CNG 40% Cheaper Than Petrol, 100 Stations to be Established – NNPC
The Nigerian National Petroleum Company Limited (NNPC) announced that using Compressed Natural Gas (CNG) in automobiles is 40% cheaper than…
Inflation: Nigerian Workers Spend 65% Of Salary On Foods – UN
The United Nations (UN), through Dr. Hameed Nuru of the World Food Programme (WFP) Africa Union Global Office, has urged…
CBN Warns of Penalties for Banks Refusing Mutilated Naira Notes
In a statement on Thursday, Solaja Olayemi, the acting director of currency operations at the Central Bank of Nigeria (CBN),…