Diesel price soars to N250/litre, businesses groan

The price of Automotive Gas Oil, also known as diesel, has risen to a high of N250 per litre, with businesses taking a beating on the back of rising energy…

Labour silent as Buhari, govs discuss fuel price Thursday

The President, Major-General Muhammadu Buhari (retd.), and the state governors will discuss the issue of fuel pricing Thursday. The Minister of Labour and Employment, Senator Chris Ngige, disclosed this Sunday…

FG is supporting agric, it must subsidise herdsmen’s businesses – Yuguda

A former Bauchi State governor, Isa Yuguda, has stated that Nigeria has treated Fulani people unfairly, pointing out that for the herders crisis across the country to be addressed, justice…

Petrol landing cost jumps to N186, oil hits $64

Against the backdrop of the rising price of oil prices, the landing cost of Premium Motor Spirit (petrol) imported into Nigeria has increased to N186.33 per litre. We had exclusively…

Individuals can build, maintain highways, says FG

Under the new Highway Development and Management Initiative of the Federal Government, private individuals will be permitted to build, operate or maintain assets on some federal highways that are up…

Nigeria has $5.83bn undisbursed foreign loans – DMO

Nigeria has more than $5.83bn foreign loans that have been approved but not yet disbursed, the Debt Management Office has said. The DMO on its portal on Sunday listed a…

Insurance sector’s assets hit N1.82tn on recapitalisation deadline

The insurance sector’s assets rose by N410bn in one year as the industry attracted new investors. Despite the impact of COVID-19 pandemic on the economy, the insurance industry attracted some…

IPMAN BLAMES INCREASE IN PETROL PRICE IN S’EAST ON SHORTAGE OF SUPPLY

The Independent Petroleum Marketers Association of Nigeria IPMAN, says the current increase in the pump price of petrol in the Southeastern part of Nigeria is because of a shortage in…

Investors lose N130bn as 30 stocks slump

Investors in the nation’s stock market lost N130bn on Thursday as 30 firms saw their share prices decline at the end of trading. The Nigerian Stock Exchange All-Share Index fell…

FG inaugurates committee to standardise Nigeria’s agric exports

The Federal Government on Thursday inaugurated the Inter-Ministerial Technical Committee on Zero Reject of Agricultural Commodities and Produce/Non-Oil Exports from Nigeria. It said the move would  ensure the standardisation of…