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Business

Home Business Page 78
What the increase in oil prices signifies for Nigeria — Analysts
Posted inBusiness

What the increase in oil prices signifies for Nigeria — Analysts

As Brent Crude reached $76.10 per barrel, oil prices have continued their upward rally, generating hopes for increased reserves accretion, a stable naira, and heightened dollar liquidity, according to Daily…
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Posted by Taiwo Ayomide June 19, 2025
N457bn debt, Right of Way affecting electricity transmission — TCN
Posted inBusiness

N457bn debt, Right of Way affecting electricity transmission — TCN

The Transmission Company of Nigeria (TCN) has reported that its ability to operate at peak efficiency is being hampered by the failure to pay off debts totaling N457bn owed by…
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Posted by Taiwo Ayomide June 19, 2025
FG sets up task force to address building collapse
Posted inBusiness

FG sets up task force to address building collapse

Arc. Ahmed Dangiwa, the Minister of Housing and Urban Development, launched an expanded Ministerial Task Team on Building Collapse on Wednesday, emphasizing that the increasing number of such incidents in…
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Posted by Taiwo Ayomide June 19, 2025
Oyedele advocates for reduced corporate tax rates to encourage investment
Posted inBusiness

Oyedele advocates for reduced corporate tax rates to encourage investment

Taiwo Oyedele, who chairs the Presidential Committee on Fiscal and Tax Reforms, has urged for a reduction in corporate tax rates to encourage investment and boost economic growth. He issued…
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Posted by Taiwo Ayomide June 19, 2025
Finally, UK grants Air Peace permit to fly to Heathrow
Posted inBusiness

Finally, UK grants Air Peace permit to fly to Heathrow

After months of refusing to accept it, UK aviation authorities finally gave the green light for Nigeria’s largest airline, Air Peace, to operate flights to Heathrow Airport. Mr. Allen Onyema,…
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Posted by Taiwo Ayomide June 19, 2025
DMO allots N4bn for June savings bond
Posted inBusiness

DMO allots N4bn for June savings bond

The Debt Management Office (DMO) has revealed that the allotment of Federal Government of Nigeria (FGN) Savings Bonds for June 2025 was successful, totaling N4.01 billion. According to data released…
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Posted by Taiwo Ayomide June 19, 2025
Lagos Port welcomes its first LNG-powered ship, carrying 8,200 TEUs
Posted inBusiness

Lagos Port welcomes its first LNG-powered ship, carrying 8,200 TEUs

On Tuesday, the atmosphere at APM Terminals Apapa, which is Nigeria’s largest container terminal, was invigorated by the arrival of “Kota Oasis,” the inaugural liquefied natural gas (LNG)-powered containership to…
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Posted by Taiwo Ayomide June 19, 2025
NUPRC to initiate monitoring of crude oil shipments
Posted inBusiness

NUPRC to initiate monitoring of crude oil shipments

New guidelines for the advanced cargo declaration regime have been announced by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). This initiative is designed to improve transparency, accountability, and efficiency in…
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Posted by Taiwo Ayomide June 19, 2025
Sickle Cell Day: Patients struggle with expensive medications and treatment accessibility
Posted inBusiness

Sickle Cell Day: Patients struggle with expensive medications and treatment accessibility

Nigerians who have Sickle Cell Disease (SCD) have expressed their distress over the burden that expensive medications and inadequate access to comprehensive care place on them and their families. They…
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Posted by Taiwo Ayomide June 19, 2025
How fake agric ‘credit providers’ dupe farmers
Posted inBusiness

How fake agric ‘credit providers’ dupe farmers

Numerous farmers in Nasarawa State are presently assessing their losses after being deceived out of millions of naira by fraudulent agricultural loan syndicates posing as providers of credit facilities. After…
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Posted by Taiwo Ayomide June 19, 2025

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