Business

Fuel subsidy a threat to Nigeria’s survival – World Bank

The World Bank has raised the alarm that Nigeria is facing an existential threat should it continue to pay trillions…

4 years ago

Naira drops to N680/$ at parallel market

The naira, on Wednesday, depreciated against the dollar at the parallel market as it traded for N680 per dollar. Last…

4 years ago

Diesel cost: NRC reduces Lagos-Ibadan trips from six to two

The Nigerian Railway Corporation has reduced the number of trips on the Lagos-Ibadan train service to two due to the…

4 years ago

Train attack: Terrorists release retired general’s six family members, one other

Four children and three adults among train Abuja-Kaduna passengers kidnapped by terrorists in March have been released. The children, who…

4 years ago

Whatsapp announces three new privacy features

Meta’s worldwide instant messaging app Whatsapp has introduced new features as part of security measures to make the app safer and easier…

4 years ago

Oil price falls to $95 a barrel over plans to restore Iran nuclear deal

Oil prices plunged on Tuesday amid a considerable progression in restoring Iran’s 2015 nuclear deal with world powers. Brent crude…

4 years ago

FG moves to stop $1.9bn monthly loss to oil theft

The Federal Government has stepped up moves to halt oil theft, costing Nigeria a monthly loss of $1.9bn, Minister of…

4 years ago

We are not auctioning 7,000 cars – Customs

The Nigeria Customs Service (NCS) has dismissed a report that it is planning a special auction of over 7,000 cars.…

4 years ago

NUPRC rejects Exxonmobil oil assets sale, dares Buhari

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has rejected President Muhammadu Buhari’s assent to the acquisition of ExxonMobil’s assets by…

4 years ago

Agric budgets hit N874.83bn, food imports gulp N7.81tn

The Federal Government budgeted about N874.83bn for the Federal Ministry of Agriculture and Rural Development from 2016 to 2021, whereas…

4 years ago