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Category: Business
FG allocated N732bn on vague empowerment projects in 2024 budget – Tracka
Tracka, a subsidiary of BudgIT, has said that Nigeria allocated N732 billion on vague empowerment projects higher than the N646.5 billion allocated to health projects…
Nigerian govt released N1.23tn for capital projects in Q3 2023
The Nigerian Government released N1.23 trillion to 17 ministries to execute capital projects in the third quarter of 2023.This is according to the Budget Implementation…
POS Registration: Agents get more 60-day extension to register with CAC
The Corporate Affairs Commission (CAC) has announced an extension of the registration deadline for Point of Sales (POS) operators to September 5, 2024.This decision provides…
‘No petrol supply by NNPCL’ – Marketers explain return of fuel queues in Nigeria
President of the Petroleum Products Retail Outlets Owners Association (PETROAN), Billy Gillis-Harry, has revealed that the non-supply of Premium Motor Spirit (Petrol) by the Nigerian…
LASG, Senate seek partnership on water transportation
The Lagos State Government and the Nigerian Senate have opened engagement to promote water transportation in the state.On Thursday, Lagos State Governor, Mr Babajide Sanwo-Olu,…
FG plans N2tn economic revival scheme, inaugurates council
The Federal Government has presented the outcomes of its review of the accelerated stabilisation and advancement plan, which seeks to inject N2tn into the economy…
Works Minister, David Umahi visits Kamsteel factory, applauds massive investment, promises FG’s supports
…says 70 per cent of our roads now designed on concrete …directs contractors to patronize local top class manufacturers for materials against importation The federal…
Nigeria’s electricity generation declines to 4,723.30MW peak
Nigeria’s electricity generation has declined to 4,723.30 megawatts peak on July 4, 2024. This is according to the latest data from the Transmission Company of…
Recertification: NCAA suspends 10 private jet operators
The Nigeria Civil Aviation Authority (NCAA) has suspended ten private jet operations over failure to begin the recertification process. This is contained in a statement…
Saudi Arabia discovers 7 more oil, gas deposits
The Kingdom of Saudi Arabia has discovered seven oil and gas deposits in the Kingdom’s Eastern Province and Empty Quarter, the Saudi Press Agency reported….