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Category: Business

Business Economy headline

NNPC faces $3 billion backlog on petrol payments as subsidy returns – Report

Iheanyi Ejiofor April 9, 2024 No Comments #NNPC#subsidy

Nigeria’s state-oil company NNPC owes around $3 billion to fuel traders for imported petro as the tumbling naira currency and rising global fuel prices have increased the effective subsidy it…

Read More NNPC faces $3 billion backlog on petrol payments as subsidy returns – Report
Business Economy headline

Lagos High Court orders remand of Emefiele in EFCC custody

Iheanyi Ejiofor April 8, 2024 No Comments efccemefiele

Our reporter/ The Ikeja High Court in Lagos State on Monday ordered the remand of a former governor of the Central Bank of Nigeria (CBN) Godwin Emefiele in the custody…

Read More Lagos High Court orders remand of Emefiele in EFCC custody
Business Economy headline

Labour Party kicks against electricity tariff hike, says Nigerians already struggling 

Iheanyi Ejiofor April 7, 2024 No Comments #electricity tariff hike#Labour Party

The Labour Party (LP) has called on the federal government to reconsider its decision to hike the tariff payable by some electricity consumers in the country. Olubunmi Odesanya, Lagos state…

Read More Labour Party kicks against electricity tariff hike, says Nigerians already struggling 
Business Economy headline

Gov Otti gives approval-in-principle for the establishment of Dairy farm in Abia

Iheanyi Ejiofor April 7, 2024 No Comments #Alex otti#Diary farmAbia

Abia State Governor, Dr. Alex Otti, OFR, has given approval-in-principle to a proposal for the establishment of an ultra modern dairy farm in the state. Governor Otti gave the berthed…

Read More Gov Otti gives approval-in-principle for the establishment of Dairy farm in Abia
Business Economy

Abia, Nigeria InfraCorp may partner on infrastructure development

Iheanyi Ejiofor April 5, 2024 No Comments

Abia State Government says it is willing to collaborate with the Infrastructure Corporation of Nigeria (InfraCorp) in some critical areas of the state’s economy, including agriculture and power. State Governor,…

Read More Abia, Nigeria InfraCorp may partner on infrastructure development

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