Reps reject planned electricity tariff hike, to probe Excess Crude Account
The House of Representatives, yesterday, rejected plans by the Distribution Companies (DISCOs) to increase electricity tariff in the country. It also
Business
All the recent business news in Nigeria, economy and industry updates.
CBN revokes 2,991 BDC licences
The Central Bank of Nigeria (CBN) has reduced the number of Bureau de Change (BDC) dealers to 2,991 from the over 5,689 previously approved. The apex
How devaluation add N100 to cost of importing a litre of fuel – MOMAN
The Major Marketers Association of Nigeria (MOMAN), Wednesday said the devaluation of the naira to dollar accounts for the recent increase in the pump
Safety bureau kicks off amendment of 2019 accident regulations
The Nigerian Safety Investigation Bureau (NSIB) yesterday kicked off the amendment of its 2019 civil aviation (investigation of air accidents and inci
Dangote championing use of tyre, shells as alternate fuel
In its attempt to secure environmental sustainability, the Dangote cement industry, Obajana in Kogi State, has embarked on the use of tyre, palm nut