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Category: Business

Business Economy

Finance minister charges new AMCON board on improved debt recoveries

Iheanyi Ejiofor May 22, 2025 No Comments amcon

Finance Minister and coordinating Minister of the Economy, Mr. Olawale Edun, has charged the New Board of Directors of the Asset Management Corporation of Nigeria (AMCON) to speed up debt…

Read More Finance minister charges new AMCON board on improved debt recoveries
Business Economy headline

Dangote refinery reduces PMS price again by N15; now N875/litre 

Iheanyi Ejiofor May 22, 2025 No Comments #Dangote refinery #PMS price

Dangote Petroleum Refinery & Petrochemicals has announced another reduction of N15 in the price of its high-quality Premium Motor Spirit (PMS). As a result of this reduction, Nigerians will now…

Read More Dangote refinery reduces PMS price again by N15; now N875/litre 
Business Economy headline

Nigeria makes 52 kobo from every N1 generated by my cement company – Dangote

Iheanyi Ejiofor May 22, 2025 No Comments #Dangote cement

Our reporter/ Aliko Dangote, founder of the Dangote Group, says the Nigerian government gets 52 kobo revenue from every N1 generated from the production and sale of Dangote Cement. Dangote…

Read More Nigeria makes 52 kobo from every N1 generated by my cement company – Dangote
Business Economy headline

Alleged N7tn Budget Padding: Nigeria a scene of corruption, says Peter Obi

Iheanyi Ejiofor May 22, 2025 No Comments #Budget IT#Budget padding

Our reporter/ Labour Party’s presidential candidate in the last general election, Peter Obi, on Thursday criticised the Federal Government over an allegation of N7 trillion budget fraud recently reported by…

Read More Alleged N7tn Budget Padding: Nigeria a scene of corruption, says Peter Obi
Business Economy headline

Electricity access, security key to drawing investment to Nigeria – Elumelu

Iheanyi Ejiofor May 22, 2025 No Comments #Electricity #Security

The Chairman of Heirs Holdings, Tony Elumelu, on Wednesday emphasised that improving access to electricity as well as improving security are so critical to attracting investments to the country. Elumelu,…

Read More Electricity access, security key to drawing investment to Nigeria – Elumelu

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