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Latest news on business in Nigeria - Page 23

We Uncovered Subsidy Claims On Pipelines That Never existed – Isa Yuguda

Former governor of Bauchi State, Isa Yuguda has revealed how alleged scams were discovered in petrol, subsidy payments between 2008 and 2009 and but unfortunately, the recommendations made were not implemented. He claimed that the fraudulent activities surrounding subsidies were uncovered when

June 26, 2023

Business

Nigeria’s External Debt Is Now ₦49.85trn, Up From ₦46trn

The Debt Management Office says Nigeria’s total foreign debt for the period ending March 31st, 2023, stands at ₦49.85 trillion ($108.30 billion) from ₦46.25 trillion as of December 21st 2022. This was revealed in a statement shared on its Twitter handle on

June 23, 2023

Business·News

Fuel Subsidy: NEITI Probes Fuel Consumption Figures

The Nigeria Extractive Industries Transparency Initiative (NEITI) has stated that it is conducting a study to determine the accurate consumption figure of fuel in the country because it does not believe in the figures being peddled by government agencies. The organisation, through

June 22, 2023

Obaseki Seeks Innovative Strategies To Curb Tobacco Consumption

News

Edo, FAO Enter $3m Deal On Forest Conservation, Biodiversity

Godwin Obaseki, has said the government is partnering with the United Nations Food and Agriculture Organisation (FAO) and three other States in the Country on biodiversity and forest conservation.

June 21, 2023

'Tinubu's FX Reforms Will Boost Investors' Confidence In Nigerian Market'

Business

Airtel Africa Chairman Says Tinubu’s FX Reforms Will Boost Investor Confidence

Chairman of Bharti Airtel Limited, Sunil Bharti Mittal, has applauded the foreign exchange reforms embarked on by Nigeria’s President Bola Tinubu.

June 20, 2023

Benin Port: Bidders inspect project site to assess condition of support facilities

Business

Benin Port: Bidders Visit Project Site To Assess Condition Of Support Facilities

Bidders for the Benin Port project have visited and inspected the confluence of the Benin and Osse Rivers, to assess the site conditions and available facilities to support the port.

June 19, 2023

Business·News

Nigeria Must Prioritize Agriculture, Production To Drive Growth, Cut Import Spending – Obaseki

The Edo State Governor, Mr. Godwin Obaseki, has said the nation spends about half a billion dollars annually on the importation of dairy products, reiterating the need for the country to refocus on agriculture and production to drive economic growth and development.

June 19, 2023

Jigawa Residents Spend More On Petrol As Price Rises By 223.21% To N770

Business·Finance & Economy

Subsidy Removal: ‘Govt Should Allow Full Deregulation To Engender Healthy Competition In Petrol Supply, Better Price’

With the announcement of the removal of subsidy on petrol, the Federal Government has been urged to allow full deregulation of the downstream sector of the oil and gas industry to engender healthy competition in supply of the products. Nigerians have continued

June 18, 2023

NNPC, Oil Marketers Disagree Over Fuel Subsidy Regime Contract

Finance & Economy

Subsidy Removal: States To Share More Revenues – Expert

Economic experts have expressed optimism that the removal of subsidy on Premium Motor Spirit (PMS) also known as petrol by President Bola Tinubu will lead to increase in share of revenue by states.

June 16, 2023

Business

Polaris Bank Maintains Adequate Capitalisation, Positions For Market Dominance – CEO

Polaris Bank has assured its customers, financial sector stakeholders, and regulators that the Bank passed its road to recovery years back and currently maintains adequate capitalisation that supports its growth objectives.

June 13, 2023

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Latest news on business in Nigeria - Page 23

We Uncovered Subsidy Claims On Pipelines That Never existed – Isa Yuguda

Nigeria’s External Debt Is Now ₦49.85trn, Up From ₦46trn

Fuel Subsidy: NEITI Probes Fuel Consumption Figures

Edo, FAO Enter $3m Deal On Forest Conservation, Biodiversity

Airtel Africa Chairman Says Tinubu’s FX Reforms Will Boost Investor Confidence

Benin Port: Bidders Visit Project Site To Assess Condition Of Support Facilities

Nigeria Must Prioritize Agriculture, Production To Drive Growth, Cut Import Spending – Obaseki

Subsidy Removal: ‘Govt Should Allow Full Deregulation To Engender Healthy Competition In Petrol Supply, Better Price’

Subsidy Removal: States To Share More Revenues – Expert

Polaris Bank Maintains Adequate Capitalisation, Positions For Market Dominance – CEO

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