Business

NADDC levy: Finance minister, AGF summoned over N7.5bn ‘secret’ withdrawal

The Senate Committee on Public Accounts has summoned Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, over an…

5 years ago

Nigeria’s inflation rate hits 18.17%, highest in four years

Inflation rate in Nigeria has continued its upward swing with the latest figure put at 18.17 per cent. The National…

5 years ago

FG tackles Obaseki, denies printing N60bn to support March allocation

The Federal Government has denied printing N60bn to augment March allocation to states as claimed by the Edo State Governor,…

5 years ago

Park and pay returns to Abuja streets in May – FCTA

The Federal Capital Territory Administration, Abuja says its controversial on-street park-and-pay policy wil be reintroduced next month (May). This is…

5 years ago

NNPC supplies 1.44 billion litres of petrol in one month

The Nigerian National Petroleum Corporation supplied 1.44 billion litres of petrol in January 2021, translating to an average of 46.30…

5 years ago

DPR says 32 inactive refineries can still renew licences

The Department of Petroleum Resources (DPR) has said all 32 refineries found not to be active can be resuscitated through…

5 years ago

Crude oil prices surge amid China’s growing energy demand

Oil prices jumped on Tuesday after increasing energy demand from China, world’s second-largest oil consumer. As at 11:06 am, the…

5 years ago

Dangote Cement Plc says it has not increased its ex-depot cement price.

It has also denied reports that the company sells cement in Nigeria at higher prices than other countries, particularly Ghana…

5 years ago

French minister to meet Nigeria’s SMEs over €3.5bn start-up fund

Nigeria will benefit from a €3.5 billion initiative of the France President, Emmanuel Macron, dedicated to supporting the development of…

5 years ago

Senate summons NICON, AIICO, others over N17.4bn pension remittances

The Senate Public Accounts Committee has summoned the management of the NICON Insurance Plc, AIICO Insurance and other insurance companies…

5 years ago