Business

Nigeria’s Petrol Consumption Down 28% after Subsidy Removal, Says Downstream Regulator

Average daily petrol consumption slumped to 48.43 million litres in June, down from the previous average of 66.9 million litres.

1 year ago

Otudeko Buys N87.8bn Shares to Become Largest First Bank Shareholder with 14%

The battle for control of the bank intensifies with Otedola holding 9% while both Odukale and Adenuga hold 7% each.

1 year ago

Tinubu Pledges To Remove Bottlenecks To Investments, Reposition Economy To Favour  Youth

He said growing rural-urban migration can only be controlled with investment in digital technology that will directly improve healthcare systems…

1 year ago

Tinubu Sets Up Presidential Committee On Fiscal Policy And Tax Reforms

It will comprise experts from both the private and public sectors.

1 year ago

Twitter Threatens To Sue Meta Over Threads App, Meta Disputes Copycat Claim

Meta is accused of hiring former Twitter employees who "had and continue to have access to Twitter's trade secrets and…

1 year ago

Nigeria’s Stock Market Gains N711bn in Two Days on Sustained Positive Sentiments

This was due in part to renewed interest in the shares of BUA Cement, AccessCorp, GTCO, Dangote Cement, Zenith Bank,…

1 year ago

Nigeria: Chartered Accountants Call For Timely Appointment of Substantive Central Bank Governor

ICAN said floating naira’s exchange rate will cause short-term pains, yield long-term gains.

1 year ago

Nigeria To Sanction Erring Carbon Traders

Carbon trade is the buying and selling of credits that permit a company or other entity to emit a certain…

1 year ago

Nigeria Is Safe For Foreign Investors, Says Senate President Akpabio

"The President is ready to ensure that people get value for their investments, himself being a strong businessman."

1 year ago

Petrol May Sell Higher in Nigeria as OPEC Moves to Shore Up Crude Prices

OPEC’s de facto leader and the world’s biggest crude exporter, Saudi Arabia, is said to be dissatisfied with the current…

1 year ago