Petrol smugglers were making N17m per truck under subsidy regime –Kyari
The Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, has revealed that petrol smugglers exploited
Business
All the recent business news in Nigeria, economy and industry updates.
IPMAN hopes for lower price as talks with Dangote Refinery begin
There is uncertainty over the commencement of lifting of premium motor spirit (PMS) otherwise known as petroleum from Dangote Refinery by the Independ
IMF slashes borrowing costs by 36%, saves countries $1.2 bn yearly
The International Monetary Fund (IMF) has announced that it is reducing the costs for countries that borrow money from it by up to 36%. In a statement
Capital market can galvanise funds to finance Nigeria’s infrastructural deficit – SEC
The Director General of the Securities and Exchange Commission (SEC), Dr Emomotimi Agama, has described the capital market as being grossly undersold
Our committee did not propose reduction of FG’s share in FAAC allocation to 10% – Oyedele
Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has dismissed reports suggesting that the committee is proposi