Tag: business

World Trade Organization Director-General Dr. Ngozi Okonjo-Iweala has criticized Nigerian politicians for using the security situation as a weapon to ...

Economy

Nigeria’s External Debt Hits $15.59 Billion as World Bank Loans Remain Untapped

Nigeria has received only about 16% of the total loans approved by the World Bank under President Bola Tinubu's administration.According ...

Economy

FG to Discuss Dangote Petrol Pricing as Subsidy Burden Hits N7.8tn

There are indications that the Federal Government committee set up to ensure the implementation of the Naira crude oil sales ...

Economy

Fuel Scarcity: Long Queues Resurface in Lagos as Petrol Stations Shut Down

Long queues were found in Lagos and its environs yesterday as many independent oil traders without petrol closed their petrol ...

Economy

Tinubu Set to Unveil Revamped WACT Terminal in Rivers State

President Bola Tinubu is set to officially commission the revamped West African Container Terminal (WACT) in Onne, Rivers State next ...

Economy

Oil Pipelines Degradation: FG Blames Outdated Infrastructure, Calls for Upgrade

The Federal Government said the Nigerian National Petroleum Company Limited does not have the necessary resources to rehabilitate the old ...

Economy

Alleged Sanctions Violation: Group Urges US to Probe NNPCL, Kyari

A group of concerned Nigerians has called on the US government to investigate and sanction the National Petroleum Company of ...

Economy

NDLEA’s Aggressive Drug War Leaves Ship Owners Counting Huge Loss

Ship owners have lamented the huge financial losses they have incurred in securing the release of vessels and crews seized ...

Economy

NBS Data Reveals Alarming Rise in Kerosene Prices Nationwide

According to the National Bureau of Statistics (NBS), the average retail price per litre of household kerosene paid by consumers ...

Economy

PENGASSAN Sounds Alarm over Indian Takeover in Oil and Gas Industry