Business

All the recent business news in Nigeria, economy and industry updates.

NMDPRA moves to enforce compliance with 0.5% levy on wholesale petroleum products

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has intensified its effort to resolve the pushbacks from the stakeholder

First calcium carbonates plant targets 1m MT

Izedon Carbonates, a privately owned manufacturing company trading as IzeCarb, has opened its calcium carbonates production plant at Lampese in Edo St

Aba power seeks 163% increase in electricity tariff

The Aba Power Limited Electric (APLE) has proposed a 163% increase in electricity tariff for its customers in Abia State from N99.90-kilowatt hour (KW

BoI disburses N22bn to manufacturers

The Bank of Industry (BOI) has disclosed that it disbursed N22.89 billion to 29 manufacturers as part of the N75 billion manufacturing sector interven

We’ve digitised licence permit processes to curb corruption– NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has disclosed that it has digitised the process of application for license permit by oi