Economy

1021 Articles
Economy

Ikeja Electric Clarifies Data Update Directive for Corporate Customers

Ikeja Electric Plc has clarified that its recent directive on customer data updates, linked to the Nigeria Tax Act 2025, applies strictly to...

Economy

Tinubu Commends BOI for Record N636bn Disbursement to Businesses in 2025

President Bola Tinubu has praised the Bank of Industry for disbursing N636bn to businesses in 2025, describing it as the highest annual financing...

Economy

Otedola Predicts Naira Could Trade Below 1000 to Dollar as Dangote Refinery Hits Full Capacity

Billionaire businessman Femi Otedola has expressed strong optimism that the naira could appreciate to trade below 1000 to the dollar before the end...

Economy

NNPCL Announces Scheduled Maintenance on Seplat Gas Facilities

The Nigerian National Petroleum Company Limited (NNPCL) has informed the public that Seplat Energy Plc, a Joint Venture partner of NNPC Ltd and...

Economy

Vice-President Shettima Represents President Tinubu at 2026 African Union Summit in Ethiopia

Vice-President Kashim Shettima on Thursday departed Abuja for Addis Ababa, Ethiopia, to represent President Bola Tinubu at the 2026 African Union (AU) Summit....

Economy

Otedola Hails Dangote as Refinery Hits 650000 Barrels Per Day Capacity

Billionaire businessman and philanthropist Femi Otedola has congratulated the President of the Dangote Group, Aliko Dangote, following the Dangote Petroleum Refinery’s attainment of...

Economy

KEDCO Raises Alarm Over Transmission Challenges in Northwestern States

The Kano Electricity Distribution Company has expressed concern over persistent electricity supply challenges affecting Northwestern states, attributing the situation to constraints within the...

Economy

Edun Urges Nigeria to Cut Borrowing, Strengthen Domestic Revenue Base

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has called on Nigeria to reduce its dependence on borrowing and...

Economy

ICPC Chairman Emphasizes Transparency as Key to Nigeria’s Development

ABUJA — Dr. Musa Adamu Aliyu, SAN, Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), has stressed that transparency...

Economy

Dangote Refinery Cuts Petrol Price to 774 Naira Per Litre, Signals Market Shift and Burundi Expansion

Dangote Petroleum Refinery has reduced its Premium Motor Spirit petrol gantry price by 25 naira per litre, lowering the ex depot rate from...