Business
Nigeria Lost N10 Trillion to Fuel Subsidy, Exchange Rate in 2022 – World Bank
The World Bank has revealed that Nigeria lost a staggering N10 trillion in revenue in 2022 due to the fuel subsidy and multiple exchange...
Business
Belemaoil Resumes Production After 3-Year Shutdown Over Oil Theft
After a three-year shutdown caused by rampant oil theft and damage, Belemaoil Producing, a Nigerian independent oil producer, has resumed operations at its Oil...
Business
Petrol Smugglers Made ₦17million Per Truck Under Fuel Subsidy Regime – Kyari
The Nigerian National Petroleum Company Limited (NNPCL) Group Chief Executive Officer, Mele Kyari, has revealed that petrol smugglers were making a whopping ₦17 million...
Business
No Plan To Reduce FG’s Share of FAAC Allocation – Reforms Chief
Taiwo Oyedele, the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has firmly denied reports claiming that the committee has proposed...
Business
GTBank Service Disruption Sparks Customer Outrage
Guaranty Trust Bank (GTBank), one of Nigeria's largest banks, is currently facing widespread service disruption following a scheduled transition to a new core banking...
Business
Zenith Bank Restores Services After Major System Disruption
Zenith Bank Plc has announced that its banking channels have been fully restored following a significant disruption that left many customers unable to access...
Business
Egg Prices May Soar To ₦10,000 per Crate – Poultry Farmers
Nigerians could soon be paying as much as ₦10,000 for a crate of eggs if urgent action is not taken to support struggling poultry...
News
Why Nigeria Airlines Cancel Flights, Charge High Fares – Keyamo
Nigeria is facing a serious problem in its aviation sector, according to the Minister of Aviation and Aerospace Development, Festus Keyamo. He explained that the...