Business

NUPRC: Nigeria Must Declare Emergency on Oil Theft and Underproduction

"The imperative is on Nigeria to declare some sort of emergency for the oil and gas industry," the CEO said.

2 years ago

Regulator to Enforce 2.5% Statutory Levy on Nigerian Broadcast Stations

The directive is on the heels of the NBC's threat to revoke the  broadcast licences of  52 stations.

2 years ago

Report: Cost of Building Materials in Nigeria Rose By 35.75% in First Half 2022

The report also estimated that average increase in land prices in selected areas of Lagos State in the first half…

2 years ago

Sony Hikes PS5 Price on Economic Pressures, Rising Rates

The Japanese entertainment conglomerate said there would be no price increase in the United States.

2 years ago

FTSE 100 Rebounds on Energy, Earnings Lift

EXCERPT: Oil majors Shell and BP rose more than 1% each, as crude prices were supported by the prospect of…

2 years ago

Eight Months after Winning Licence, MTN Rolls Out 5G in Nigeria on Wednesday

MTN has called on telecom subscribers to begin pre-order of their 5G devices to enable them enjoy the high speed…

2 years ago

Nigeria in Talks with Foreign Airlines Over $600m Trapped Funds

Emirates Airlines last week announced that it would stop all scheduled operations to Nigeria from September 1 if no action…

2 years ago

Lawmakers Knock Transmission Company of Nigeria Over Inability to Explain Power Generation

The lawmakers while expressing concerns about the erratic power supply in the country, lampooned the three Directors from TCN, warning…

2 years ago

Ford to Appeal $1.7 Billion Verdict in 2014 Truck Crash that Killed Georgia Couple

The couple's children alleged that dangerously defective roofs on the 2002 Ford F-250 pickup trucks were responsible.

2 years ago