Category: Business
Tariff war: FG intervenes as states, Discos’ rift deepens
As the crisis between states and electricity distribution companies continues to degenerate over who has the power to fix electricity tariffs, the Federal Government, through…
NEC unveils road map for $1tn economy by 2030
The National Economic Council (NEC) on Thursday unveiled the framework for the Renewed Hope Development Plan (2026–2030) aimed at consolidating Nigeria’s reform agenda and actualising…
FG, ASUU clash over 2021 agreement
The Academic Staff Union of Universities on Thursday knocked the Minister of Education, Dr. Tunji Alausa, over claims that the government never signed any agreements…
FG defends passport price hike to N100,000, N200,000
The Federal Government, on Thursday, defended the upward review of Nigerian passport fees to N100,000 and N200,000, saying it was necessary to sustain quality, curb…
Long-term neglect hindering refineries revamp – NNPC
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, has declared that fixing the country’s refineries under NNPC’s management…
Dangote, Ethiopia ink $2.5bn deal for world’s largest fertiliser plant
Africa’s richest man, Aliko Dangote, has sealed a $2.5bn partnership with the Ethiopian Government to build one of the world’s largest single-site fertiliser plants in…
JUST IN: Immigration hikes passport fees to N100,000, N200,000
The Nigeria Immigration Service (NIS) has announced an upward review of the cost of obtaining the Nigerian Standard Passport, effective September 1, 2025. According to…
Strike threat: ASUU, VCs decry Profs’ N525,000 monthly pay
Following the conclusion of its nationwide protests on Tuesday, members of the Academic Staff Union of Universities are set to hold congresses to decide their…
Naira bounces back against dollar
The naira bounced back against the dollar at the official foreign exchange market on Wednesday after two days of depreciation, THE PRIME NEWS reports. The…
Oil production rises to 1.7m barrels daily – NUPRC
Nigeria’s oil output has climbed to a new six-month high, averaging 1.71 million barrels of oil per day in July 2025, according to the Nigerian…

