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Day: April 17, 2026

Home Archives for April 17, 2026 Page 4
As the US prepares to impose sanctions on Iran’s crude purchasers, oil prices are rising.
Posted inBusines

As the US prepares to impose sanctions on Iran’s crude purchasers, oil prices are rising.

According to Daily Trust, oil prices slightly increased on Thursday as supply fears increased due to US warnings of possible secondary sanctions on Iranian oil customers. International benchmark Brent crude…
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Posted by Taiwo Ayomide April 17, 2026
Effective seaports are essential to Nigeria’s economic expansion—NPA MD
Posted inBusines

Effective seaports are essential to Nigeria’s economic expansion—NPA MD

  Dr. Abubakar Dantsoho, the Managing Director of the Nigerian Ports Authority (NPA), has described the vital role that effective seaports play in propelling Nigeria's economic progress, pointing out that…
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Posted by Taiwo Ayomide April 17, 2026
Representatives Panel Approves Debt Restructuring and N248.6 billion in Relief for Three DisCosI’m
Posted inBusines

Representatives Panel Approves Debt Restructuring and N248.6 billion in Relief for Three DisCosI’m

In an attempt to stabilize Nigeria's power industry, the House of Representatives Public Accounts Committee authorized a 10-year debt restructuring framework and N248.6 billion in financial assistance for the Kano,…
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Posted by Taiwo Ayomide April 17, 2026
Experts Describe How Nigeria’s Digital Economy Is Affected by the US/Iran WarI’m
Posted inBusines

Experts Describe How Nigeria’s Digital Economy Is Affected by the US/Iran WarI’m

Many observers characterize the battle between the United States and Iran as the fight that nobody wants. The protracted conflict serves neither party, and the world economy as a whole…
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Posted by Taiwo Ayomide April 17, 2026
With the $700 million Cabotage Fund disbursement, FG hopes to create 50,000 jobs.
Posted inBusines

With the $700 million Cabotage Fund disbursement, FG hopes to create 50,000 jobs.

In an effort to bolster Nigeria's marine industry, the Federal Government has projected that the scheduled payment of the $700 million Cabotage Vessel Financing Fund (CVFF) and existing port modernization…
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Posted by Taiwo Ayomide April 17, 2026
LCCI Notifies FG to Improve Domestic Supply and Stabilize Energy Prices
Posted inBusines

LCCI Notifies FG to Improve Domestic Supply and Stabilize Energy Prices

Following a fresh increase in inflation, the Lagos Chamber of Commerce and Industry (LCCI) has urged the Federal Government to immediately stabilize energy prices and bolster local supplies. The chamber…
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Posted by Taiwo Ayomide April 17, 2026
The IMF advises Nigeria to manage its debt.
Posted inBusines

The IMF advises Nigeria to manage its debt.

As Nigeria navigates growing fiscal pressures and uncertainty in the global economy, the International Monetary Fund (IMF) has recommended the country to prioritize debt sustainability above deciding between domestic and…
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Posted by Taiwo Ayomide April 17, 2026

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