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News - Page 354

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resigns

President Tinubu has nominated new chief executives for Nigeria’s petroleum regulatory agencies following the resignation of the heads of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), developments that come amid intense controversy

December 18, 2025

Finance & Economy·News

Expert Highlights 3 Things Nigeria Must Do To Tackle Inflation As Money Supply Hits N107trn

There are concerns that the monetary policies being adopted by the authorities have not been effective in tackling high inflation and high money supply in the economy, hence the need to adopt more creative strategies to achieve that. Chief Economist and partner

October 2, 2024

Oil Prices Surge Amid Middle East Conflict Fears, Brent Crude Nears $80 Per Barrel

Business·News·Oil & Gas·World News

Oil Prices Rise After Iran Launches Attack On Israel

Oil prices have risen sharply as escalating tensions between Iran and Israel raise concerns over potential disruptions to crude production. Brent crude futures increased by $1, or 1.36%, reaching $74.56 per barrel in early trading. The U.S. West Texas Intermediate (WTI) crude

October 2, 2024

Business·News

Nigeria’s Cryptocurrency Transactions Reach $59bn In 1 Year Amid FX Crisis

Cryptocurrency Use Increases as Nigeria Faces Economic Pressure Cryptocurrency usage in Nigeria is growing rapidly as the country battles a weakened currency and high inflation. According to a new report from blockchain research firm Chainalysis, Nigeria has become the second-largest country globally

October 2, 2024

News

Bobrisky: HURIWA Wants Correctional Service Chief Jailed Over Alleged Perjury

Even as the Nigerian Correctional Service officially debunked the reported testimony by a top official of the Nigerian Correctional Service (NCoS) by reaffirming that the suspension of its senior officials allegedly involved in the N15 million bribery allegations surrounding the embattled crossdresser

October 2, 2024

World News

Death Toll Rises As Hurricane Helene Batters US

Death toll from Hurricane Helene, which battered the southern and eastern coasts of the United States, has risen to at least 162. Officials have warned that the number could rise further, as widespread destruction to communication networks and road infrastructure is making

October 2, 2024

World News

Burkina Faso Acquires New Plane, Resumes Commercial Operation

Air Burkina, the national career of Burkina Faso resumed commercial operation this Wednesday October 2 2024. The inaugural flight Primebusiness.africa understands was made to Dakar with a stopover in Bamako, Mali. The new high-performance Embraer E190 aircraft with six business class seats

October 2, 2024

Fresh Petrol Price Hike Stokes Fears Of Further Inflation Spike In Nigeria

Business·News·Oil & Gas

Petrol Import Dropped By 13.77% In 2023 – NBS

Importation of Premium Motor Spirit (PMS) also known as petrol in Nigeria dropped by 13.77 per cent from 23.54 billion litres in 2022 to 20.30 billion litres in 2023. This means PMS importation decreased by 3.5 billion litres last year. This was

October 2, 2024

Port Harcourt Refinery Fails to Meet Production Deadline After 7th Postponement In 2024, NNPC Remains Silent

Business·News·Oil & Gas

Port Harcourt Refinery Misses 7th Production Deadline, NNPC Remains Silent

The Port Harcourt Refinery in Rivers State has once again failed to commence operations, despite multiple promises from the Nigerian National Petroleum Company Limited (NNPC) and the Ministry of Petroleum Resources. This marks the seventh postponement of the refinery’s production, with the

October 2, 2024

News·World News

Israel Vows Retaliation After Iranian Missile Strike Escalates Tensions

Israel is facing heightened tension after a major missile strike from Iran on Tuesday. The attack, involving over 180 ballistic missiles, has escalated fears of a broader conflict in the Middle East. Israeli Prime Minister Benjamin Netanyahu strongly condemned Iran’s actions, warning

October 2, 2024

Starlink, an Internet service firm owned by billionaire investor, Elon Musk, has announced an increase of its monthly subscription prices in Nigeria.

News·Technology

Weak Naira Forces Starlink To Increase Monthly Subscription By 97%, Hardware Now N590,000

Starlink, an Internet service-providing firm owned by billionaire investor, Elon Musk, has increased the monthly subscription for its Internet service in Nigeria to N75,000 for Residential plan. This reflects an increase of 97 per cent compared to the previous rate of N38,000.

October 2, 2024

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Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

SEC Orders Full Registration of Tradable Instruments by January 2026

The Securities and Exchange Commission (SEC) has ordered all Capital

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

The UK Labour government has expanded its existing sugar tax

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News - Page 354

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resigns

Expert Highlights 3 Things Nigeria Must Do To Tackle Inflation As Money Supply Hits N107trn

Oil Prices Rise After Iran Launches Attack On Israel

Nigeria’s Cryptocurrency Transactions Reach $59bn In 1 Year Amid FX Crisis

Bobrisky: HURIWA Wants Correctional Service Chief Jailed Over Alleged Perjury

Death Toll Rises As Hurricane Helene Batters US

Burkina Faso Acquires New Plane, Resumes Commercial Operation

Petrol Import Dropped By 13.77% In 2023 – NBS

Port Harcourt Refinery Misses 7th Production Deadline, NNPC Remains Silent

Israel Vows Retaliation After Iranian Missile Strike Escalates Tensions

Weak Naira Forces Starlink To Increase Monthly Subscription By 97%, Hardware Now N590,000

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Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resigns

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Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resigns

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