Business
Nigeria Faces Inflation, Fiscal Pressure as Oil Prices Eye $100+ Amid Global Tensions
Nigeria’s economy is facing renewed fiscal and inflationary pressure as rising geopolitical tensions in the Middle East push global oil prices towards the...
NERC Introduces Stricter Measures to Reduce Power Transmission Losses Nationwide
The Nigerian Electricity Regulatory Commission (NERC) has introduced fresh operational guidelines aimed at significantly reducing energy losses within the country’s power transmission network....
Global Markets Rattle as Energy Prices Spike After U.S. Moves to Restrict Hormuz Passage
International financial markets faced sharp turbulence on Monday following renewed geopolitical tension in the Middle East, as crude oil prices climbed past the...
Nigeria Records Slight Rise in Power Supply as Grid Generation Climbs to 4,300MW
The Federal Government has reported a modest improvement in electricity generation, with output on the national grid increasing from 3,951 megawatts to about...
ECOWAS Launches Recruitment Drive for Multiple Roles Across West Africa
The Economic Community of West African States (ECOWAS) has opened applications for more than 30 job positions in Nigeria and several other member...
Oyo, FCMB Disburse N1.5bn Interest-Free Loans to 1,000 Young Farmers
The Oyo State Government, in collaboration with First City Monument Bank (FCMB), has provided N1.5 billion in collateral-free loans to 1,000 young agripreneurs...
NNPCL Begins Export of Cawthorne Crude as Global Oil Prices Surge
The Nigerian National Petroleum Company Limited (NNPCL) has launched the export of a new crude oil grade, Cawthorne, in a move aimed at...
NNPC Expands Crude Supply to Dangote Refinery, Sends 10 Cargoes
The Nigerian National Petroleum Company (NNPC) has significantly increased its crude oil deliveries to the Dangote Refinery, doubling the supply to a total...
