Business

‘More expensive than subsidy?’ — Is FG’s N5,000 transport grant dead on arrival?

Zainab Ahmed, minister of finance, budget, and national planning, said on Tuesday that the federal government would remove fuel subsidy…

4 years ago

FG to impose stiffer penalties against firms involved oil spillage

The Federal Government has announced plans to institute stiffer punishments against companies involved in oil spillage in the country. Minister…

4 years ago

Fuel scarcity looms as NUPENG extends 14-day strike notice

Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has extended the 14-day ultimatum earlier given to the Federal Government…

4 years ago

Subsidy removal: No provision for N5000 transport grant in 2022 budget – Senate

The Senate Committee on Finance has said there is no provision for monthly N5000 transport grant to 40 million poor…

4 years ago

NERC renews 3yr power licence for NBET

The Nigerian Electricity Regulatory Commission (NERC) has renewed the trading licence of the Nigeria Bulk Electricity Trading PLC (NBET) for…

4 years ago

FEC okays N6.3bn contract for waterways surveillance

The Federal Executive Council has approved a contract worth N6.3 billion for waterways surveillance under the Deep Blue project. The…

4 years ago

First Bank too big for one person to own, says Emefiele

No one person can lay claim to ownership of a big bank such as the First Bank, the Governor of…

4 years ago

TUC kicks as NNPC says petrol subsidy ends in Feb, petrol to sell @ N340/l

Petrol will be sold between N320 and N340 per litre from February, next year when fuel subsidy is expected to…

4 years ago

Kill subsidy, cut CBN loans, raise ‘sin’ taxes… 7 things World Bank wants Buhari to do in 2022

The World Bank on Tuesday released its November 2021 Nigeria Development Update, which showed — among other things — that…

4 years ago