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Category: Business
FG launches initiative to empower 10,000 youth, women nationwide
The federal government has unveiled an empowerment initiative targeting 10,000 vulnerable youth and women with sustainable income and employment opportunities across the country. The scheme…
Tinubu determined to reform Power sector – Shettima
Vice President Kashim Shettima has said the administration of President Bola Ahmed Tinubu remains determined to reform and strengthen Nigeria’s power sector. He said while…
Dangote reduces petrol gantry price to N1,200/litre
The Dangote Petroleum Refinery & Petrochemicals has reduced its gantry price for Premium Motor Spirit (petrol) to N1,200 per litre, while pegging its coastal price…
NCC plans platform to curb SIM fraud
The Nigerian Communications Commission (NCC) has unveiled plans to introduce a Telecoms Identity Risk Management System platform to tackle SIM-related fraud, strengthen digital security, and…
Nigeria’s foreign reserves deplete by $499.46m in less than two weeks
Nigeria’s foreign reserves depleted by $499.46 million to $49.53 billion in less than two weeks from $50.02 billion. This is according to the Central Bank…
CBN blacklists top loan defaulters
The Central Bank of Nigeria (CBN) has officially restricted banking services for “chronic defaulters” and large-ticket obligors with non-performing loans. In a sweeping move to…
Tinubu expands CNG initiative to include electric vehicles
President Bola Tinubu has approved the expansion of the Presidential Initiative on Compressed Natural Gas (PiCNG) to include electric vehicles in a new drive to…
Fuel price not within our purview – PETROAN
President of the Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN), Billy Gillis-Harry, has said that fuel price is not within their purview. Speaking…
Middle East war: Everyone will feel it — Dangote warns amid fuel price hike
Aliko Dangote, Africa’s richest man, has warned that the ripple effect of the ongoing war in the Middle East between Iran and the United States-Israel…
Africa will pay price for dependence on imported fuel — Dangote warns
Africa’s richest man, Aliko Dangote, has warned that the continent risks severe economic consequences if it fails to reduce its dependence on imported fuel amid…