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Business

Home Business Page 51
NOA warns Nigerians not to scoop fuel at accident scenes
Posted inBusiness

NOA warns Nigerians not to scoop fuel at accident scenes

The National Orientation Agency (NOA) has ramped up its nationwide campaign against fuel scooping, cautioning Nigerians to avoid the hazardous practice of gathering spilled fuel at tanker accident sites. The…
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Posted by Taiwo Ayomide May 28, 2025
Sugar ‘crisis’: Analyst cautions FG regarding punitive taxes
Posted inBusiness

Sugar ‘crisis’: Analyst cautions FG regarding punitive taxes

A Lagos-based public affairs analyst, Omonaye Okoro, has cautioned the federal government against what he called punitive taxes following the current debate on the call for increased taxation on Sugar-Sweetened…
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Posted by Taiwo Ayomide May 28, 2025
Dangote targets N11.2bn daily revenue from fertiliser export
Posted inBusiness Entertainment

Dangote targets N11.2bn daily revenue from fertiliser export

Alhaji Aliko Dangote, the President of Dangote Industries Limited (DIL), has revealed that DIL is set to generate a daily revenue of $7 million (N11bn) from fertiliser exports within the…
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Posted by Taiwo Ayomide May 28, 2025
NDPHC: Electricity generation impacted by N600bn debt
Posted inBusiness

NDPHC: Electricity generation impacted by N600bn debt

Engr. Jennifer Adighije, the Managing Director of Niger Delta Power Holding Company (NDPHC) Limited, has indicated that challenges related to gas supply, transmission limitations, and a debt of nearly N600…
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Posted by Taiwo Ayomide May 27, 2025
Concerns about the P/Harcourt refinery closure following a $1.5 billion refurbishment
Posted inBusiness

Concerns about the P/Harcourt refinery closure following a $1.5 billion refurbishment

The declaration by the Nigerian National Petroleum Company Limited (NNPCL) regarding the closure of the Port Harcourt Refining Company (PHRC), also called Port Harcourt Refinery, has sparked a wave of…
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Posted by Taiwo Ayomide May 27, 2025
PAL Pensions guarantees enhanced investment returns
Posted inBusiness

PAL Pensions guarantees enhanced investment returns

Pension Alliance Limited (PAL Pensions) has promised its stakeholders, retirees, and regulators improved investment returns and better customer service as the company celebrates its 20th anniversary. At the celebration event…
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Posted by Taiwo Ayomide May 27, 2025
2 months saw the flagging of 9.6 million spam attempt on Airtel lines
Posted inBusiness

2 months saw the flagging of 9.6 million spam attempt on Airtel lines

Airtel Nigeria has reported that its AI-driven Spam Alert Service generated more than 9.6 million spam alerts from March 13 to May 20, 2025. Airtel developed the AI Spam Alert…
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Posted by Taiwo Ayomide May 27, 2025
Dangiwa instructs FMBN board to give precedence to N500bn recapitalisation
Posted inBusiness

Dangiwa instructs FMBN board to give precedence to N500bn recapitalisation

The newly appointed board of the Federal Mortgage Bank of Nigeria (FMBN) has been instructed by the Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, to make the…
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Posted by Taiwo Ayomide May 27, 2025
Experts urge caution regarding the $3 billion investment in telecom infrastructure
Posted inBusiness

Experts urge caution regarding the $3 billion investment in telecom infrastructure

As Nigeria looks forward to telecommunications investments exceeding $3 billion (N4.7 trillion), experts have urged caution. According to them, although the investment would enhance internet access for millions of Nigerians,…
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Posted by Taiwo Ayomide May 27, 2025
Forum expresses sorrow over the closure of rice mills due to waivers
Posted inBusiness

Forum expresses sorrow over the closure of rice mills due to waivers

The Competitive African Rice Forum – Nigeria Chapter (CARF-FSD Nigeria), representing a broad coalition of rice farmers, processors, millers, marketers, NGOs, and development partners, has cried out over the threat…
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Posted by Taiwo Ayomide May 27, 2025

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