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Category: Business
NMDPRA holds publich hearing with three states to be linked by gas pipeline
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has held a public hearing in Abia State on the application submitted by a company to…
Nigerian Govt issues regulations for digital money lenders, defaulters to get N100m fine
The Nigerian government has unveiled the Electronic, Online, or Non-Traditional Consumer Lending Regulations (Consumer Lending Regulation) 2025, which addresses longstanding complaints concerning the activities of…
Nigeria records N20.59trn revenue in 8 months, strongest fiscal performance in years
The Presidency on Wednesday announced that Nigeria recorded its strongest fiscal performance in recent history, mobilising N20.59 trillion in revenues between January and August 2025….
Naira continues appreciation against US dollar
The Naira continued its bullish run against the dollar at the foreign exchange market on Tuesday. According to Central Bank of Nigeria data, the Naira…
CNG price hits N450/SCM as FG withdraws subsidies
Amid long queues and insufficient refilling stations, the cost of one standard cubic metre of Compressed Natural Gas has jumped from N230 to N450. Our…
Tariff war: Respect state electricity regulators, FG warns Discos
The Federal Government, through the Nigerian Electricity Regulatory Commission (NERC), has told electricity distribution companies to treat state regulators with respect. The Vice Chairman of…
NCAA DG raises alarm over aviation fraud, seeks EFCC intervention
The Director General (DG) of the Nigerian Civil Aviation Authority (NCAA), Captain Chris Najomo has raised the alarm over the rising cases of fraudulent activities…
Why Chinese traders prefer Naira over US Dollar – BDC operators
The National President of the Association of Bureau De Change Operators (ABCON), Aminu Gwadabe, has explained that the naira appreciation against the dollar is partly…
BPE to list two Discos, GenCo in NGX, privatise 91 FG assets
The Bureau of Public Enterprise (BPE) has announced a plan to list two electricity distribution companies and one generation company on Nigerian Exchange Limited. This…
Price of cooking gas reduces in Nigeria
The average price of Liquefied Petroleum Gas, known as cooking gas, has dropped on a month-on-month basis. This is the case, as the price of…