Category: Economy and Capital Markets

Oil marketer offers long-term remedy for fuel price increase

Amid the frustrations associated with the recent hike in the pump price of fuel to N617 per litre, the Chief Executive Officer of Emadeb Energy Service Limited, Debo Olujimi, said…

Read More Arrow

Fuel prices are rising, and the FCCPC promises to crack down on unfair food prices.

The Federal Competition and Consumer Protection Commission (FCCPC) says it is crucial to address the anti-competitive behavior by market groups that has a negative impact on food costs amid increases…

Read More Arrow

Disabled People May Receive Palliative Care At Home, World Bank

The World Bank has stated that throughout the implementation of the $800 million loan sanctioned by the bank as a subsidised palliative, people with disabilities may have the option of…

Read More Arrow

Businesses were saved by Tinubu’s four executive orders – NECA DG and Oyerinde

According to the Nigerian Employers' Consultative Association, President Bola Tinubu's recent executive orders have prevented numerous organized enterprises in Nigeria from going out of business. NECA’s Director General, Adewale-Smatt Oyerinde…

Read More Arrow

Shares’ value has increased by 84.7% as the stock market rises.

Yesterday's market trading value increased by 84.7%, as shares worth N95.01 billion were traded, up from N10.31 billion the day before. This huge growth demonstrates the high level of interest…

Read More Arrow

Food costs for rice, tomatoes, yams, and other items rise in May – NBS

Food costs, including those of tomatoes, rice, and yams, have gone up in May amid the hardship brought on by the loss of gasoline subsidies. The National Bureau of Statistics,…

Read More Arrow

JUST IN: Chinda, an ally of Wike, is elected minority leader of the House.

Kingsley Chinda, an ally of the former Governor of Rivers State Nyesom Wike, has emerged as the Minority Leader of the House of Representatives. Chinda and other principal officers of…

Read More Arrow

Removal of fuel subsidies: ‘N400bn savings’ raises concerns

Nigerians are uneasy about the debate around the 'N400 billion savings' after the elimination of gasoline subsidies for more than 30 days. The Nigerian National Petroleum Corporation Limited's Group Executive…

Read More Arrow

What Tinubu’s administration must do for Nigerians in times of hardship – CPPE

The Centre for Promotion of Private Enterprise has urged the government to take a direct intervention, such as palliatives, into consideration in light of the raging challenges brought on by…

Read More Arrow

Do not worry; IPMAN has no plans to raise the price of fuel at the pump to N 700.

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has denied the alleged plan by the association to increase the pump price of Premium Motor Spirit (PMS), also known as petrol,…

Read More Arrow