Global Analysis From Nigeria's Regions
500,000 units of used vehicles valued at N575billion were imported into the country from the United States in just one year. Despite the high import tariff regime aimed at discouraging … Read More
MTN Nigeria has announced plans to invest $1.5 billion to reconstruct the Enugu-Onitsha expressway, under the road infrastructure task credit (RITC) scheme, an arrangement that grants income tax credit to … Read More
The Central Bank of Nigeria has rubisshed insinuations that suggested it was planning to convert the foreign exchange in domiciliary accounts of bank customers into naira. The Acting Director in … Read More
The Senate Committee on Privatisation and Commercialisation has promised to assist Ikeja Electric recover over N70.96 billion debt owed by customers. The committee, which was on oversight visit to the … Read More
The Nigerian National Petroleum Corporation (NNPC) has proceeded to reduce the number of refined petroleum products it imports to simply premium motor spirit (petrol), with kerosene imports now completely discontinued. … Read More
The Nigerian National Petroleum corporation (NNPC) says it made total revenue of ₦2.129 trillion from the sales of petroleum products between March 2020 and March 2021. The corporation disclosed this … Read More
Global energy firm Shell has announced the appointment of Mrs Elohor Aiboni, as the Managing Director of its Nigeria deep-water business, Shell Nigeria Exploration and Production Company Limited (SNEPCO). Mr … Read More
The agonising traffic gridlock on the Apapa road leading to the port has constituted a major headache to the Nigeria Ports Authority (NPA), its acting Managing Director, Alhaji Mohammed Bello-Koko, … Read More
Some corn sellers in Badagry on Sunday decried the high price of buying corn from the market before selling it at retail prices to residents. They told newsmen in Badagry … Read More
Dangote Sugar Refinery has posted N131.95 billion revenue in its unaudited financial results for the half-year (H1) ended June 30, 2021. The Group Managing Director/CEO of the refinery, Ravindra Singhvi, … Read More
