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Navigating the New Normal: A Business Perspective

November 6, 2026 Omajemite Don

Navigating the New Normal: A Business Perspective By Abraham John Onoja The COVID-19 pandemic is remaking the global order, and businesses are bearing the brunt of the financial and operational…

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Electricity Customers To Lose Meters Not Upgraded After Nov 24 – Enugu Disco

November 8, 2024 Musa Jibril

Enugu Electricity Distribution, now known as Mainpower Electricity Distribution Limited, has announced that customers yet to upgrade their meters stand to lose them after November 24, 2024. The company made…

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We’re Committed To Ending Power Outage In Enugu – Mainpower MD, Mupwaya

November 3, 2024 Musa Jibril

The Managing Director, Mainpower Electricity Distribution Limited, MEDL, Ernest Mupwaya, has committed to improving power supply in Enugu State. Mupwaya recently disclosed this to journalists after MEDL took over from…

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Tinubu’s Govt Started On Wrong Footing, Lacks Experts’ Input – BudgIT Founder Onigbinde

November 1, 2024 Musa Jibril

The founder of civil advocacy and pro-accountability organisation, BudgIT, Seun Onigbinde, says the administration of President Bola Tinubu started on the wrong foot with his twin policies of petrol subsidy…

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FCCPC Uncovers Cartels Inflating Food Prices In Nigeria

October 30, 2024 Musa Jibril

The Federal Competition and Consumer Protection Commission, FCCPC, claimed it has uncovered cartels responsible for prices of goods and food manipulation in Nigeria. The commission’s Executive Vice Chairman, Tunji Bello,…

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BREAKING: No Deadline On Circulation Of Old N200, N500, N1000 Notes – CBN

October 24, 2024 Musa Jibril

The Central Bank of Nigeria has announced that there is no deadline on the circulation of old N200, N500 and N1000 bank notes. The spokesperson of CBN, Sidi Ali Hakama…

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Nigerian Customs Generates N4.2tn Revenue In 9 Months

October 20, 2024 Musa Jibril

The Nigerian Customs Service said it has generated N4.2 billion as revenue in the first nine months of 2024. The Comptroller General of NCS, Bashir Adeniyi disclosed this in a…

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Nigeria Spends Increased Revenue On Cash Transfers – Finance Minister Edun

October 16, 2024 Musa Jibril

Nigeria’s Minister of Finance, Wale Edun, said the country is spending its increased revenue on social investment, such as cash transfers to Nigerians. Edun disclosed this on Tuesday at a…

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Hardship: Government Announces Food Sale At 55% Discounted Price

October 14, 2024 Musa Jibril

The Governor of Sokoto State, Ahmed Aliyu has inaugurated a committee to sell food at a 55 percent discounted price to citizens. This was disclosed on Monday by Governor Aliyu…

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CNG: NNPC Signs Gas Supply Deal For $3.3bn Methanol Plant In Bayelsa

October 12, 2024 Musa Jibril

The Nigerian National Petroleum Company (NNPC) Limited signed a partnership with Shell, TotalEnergies, and Agip, to complete a historic agreement to supply gas to a $3.3 billion methanol plant being…

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Fuel Price Hike: NNPCL Punishing Nigerians – IPMAN Rejects Price, Threatens Shutdown

October 11, 2024 Musa Jibril

More trouble looms for Nigerians as the Independent Petroleum Marketers Association of Nigeria has rejected the ex-depot price of Premium Motor Spirit by the Nigerian National Petroleum Company Limited. The…

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Fuel Hike: Dangote Refinery Operates Secret Petrol Pricing – Marketers

October 10, 2024 Musa Jibril

Nigeria’s petroleum marketers have accused Dangote Refinery of operating a secret petrol price regime. The president of the Petroleum Products Retail Outlets Association of Nigeria, PETROAN, Billy Gillis-Harris, disclosed this…

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Nigerian Discos Lose N28.97bn To Unpaid Electricity Bills In July – NERC

October 4, 2024 Musa Jibril

The eleven Electricity Distribution Companies in Nigeria have lost N28.97 billion to unpaid electricity due to customers in July 2024. The Nigerian Electricity Regulatory Commission disclosed this on Thursday in…

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Diesel Import Into Nigeria Increases By 22.66 Percent

October 2, 2024 Musa Jibril

The import of Automotive Gas Oil (Diesel) into Nigeria increased by 22.66 percent to 4.94 billion liters in 2023 from 4 billion liters in 2022. The National Bureau of Statistics…

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Tackle Financial Needs In Africa – Cardoso Tells World Bank, IMF

September 30, 2024 Musa Jibril

The Governor of the Central Bank of Nigeria, Olayemi Cardoso has told the World Bank and International Monetary Fund to be more responsive in addressing the financial needs of African…

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World Bank Approves Additional $1.57bn Loan For Nigeria

September 30, 2024 Musa Jibril

The World Bank announced that it has approved an additional $1.57 billion loan to the Nigerian government to fund three projects. The Washington-based bank disclosed this in a statement on…

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Naira Gains N126 Against Dollar In 48-Hour

September 28, 2024 Musa Jibril

The Naira gained N126.64 against the dollar at the official foreign exchange market in 48 hours. FMDQ data showed that between Thursday and Friday, the Naira appreciated to N1540.78 per…

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CNG: Transport Fare Reduction By 40% Reality Amid Petrol Price Hike – Nigerian Govt

September 28, 2024 Musa Jibril

The Nigerian government has said that it is working hard to reduce the cost of Transportation by 40 percent with the expansion and implementation of the Compressed Natural Gas Initiative…

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NPA, NIMASA To Begin Fee Collection In Naira Rather Than Dollar- Presidency

September 26, 2024 Musa Jibril

Nigeria’s Presidency has said the Nigerian Port Authority and Nigerian Maritime Administration and Safety Agency plan to begin the collection of fees in Naira rather than in United States dollars…

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Diesel Prices Increased By 64.58% Nationwide Despite Dangote Refinery – NBS

September 24, 2024 Musa Jibril

Nigeria’s average price of Automotive Gas Oil known as Diesel rose by 64.58 percent to hit N1406.05 per litre in August 2024 from N854.32 percent in the same month last…

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