Business & Economy

Expert welcomes CBN’s directive on transfer of funds in all dormant accounts

A financial expert, Okechukwu Unegbu, says the directive by the Central Bank of Nigeria, CBN, that balances of dormant accounts be transferred to it,...

Era of buying fuel at N750 per liter over – Nigerian Govt

The Nigerian government said the era of buying Premium Motor Spirit, known as fuel between N750 to N1000 per liter, is over as it...

Dangote says firm will drop plan to invest in Nigeria’s steel industry to avoid monopoly allegations  

The President and Chief Executive Officer (CEO) of Dangote Group, Aliko Dangote, has announced that the company will abandon its plans to enter Nigeria’s...

Ikeja DisCo laments rise in energy theft

Ikeja Electricity Distribution Company has lamented the rise in energy theft in the past three months of the Band A tariff increase.   This is even...

Fuel import: FG working against local refineries, operators cry out

Some local refinery operators have lamented that the announcement made by the Nigerian Midstream and Downstream Petroleum Regulatory Authority, stating that the Federal Government...

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