Business

Federal Government (FG) ends speculative oil field licensing in Nigeria, signaling a shift toward operational transparency and economic growth. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced this policy to…

In a world where economic instability and financial uncertainty are on the rise, the search for innovative tools to drive business growth has never been more crucial. Startups, especially in…

The Nigerian Senate has reaffirmed its commitment to ensuring adequate funding for the Fiscal Responsibility Commission (FRC) and other government watchdog agencies, emphasizing the critical role these institutions play in…

Nestlé, the world’s largest packaged food company, has once again proven its resilience by surpassing sales forecasts, delivering stronger-than-expected revenue growth in 2024. However, while the Swiss multinational has managed…

The Nigerian currency continued its downward trend, falling to ₦1,585 per dollar in the parallel market on Wednesday from ₦1,565 per dollar recorded on Tuesday. This decline marks another setback…

The Nigerian Extractive Industries Transparency Initiative (NEITI) has given its official endorsement to the 2024 Tax Reform Bill, hailing it as a game-changer that will modernize and streamline Nigeria’s tax…

By Obas Esiedesa, Abuja The Nigerian Electricity Regulatory Commission (NERC) has reported a 2.76% increase in electricity subsidies payable by the Federal Government for December 2024, reaching ₦199.64 billion, up…