Lagos Fuel Supply Restored as Tanker Drivers Resume Operations   Tanker drivers have resumed fuel loading following the resolution of their crisis with the Lagos State Government. On Wednesday and Thursday, many fuel tankers were seen on the road conveying petroleum products...

DStv Price Hike: FG Orders MultiChoice to Suspend Plans   The Federal Competition and Consumer Protection Commission has directed MultiChoice Nigeria, the operator of DStv and GOtv, to suspend its planned subscription price hike pending the outcome of an ongoing investigation...

FG Plans Fresh Electricity Tariff Hike Amid Consumer Outrage   In its bid to enhance the liquidity of the Nigerian Electricity Supply Industry, the Federal Government has said it is considering plans to regularise the electricity tariffs to address disparities in...

FG to Float N758bn Bond in 3 Months to Clear Pension Arrears   The Director-General of the National Pension Commission (PenCom) Mrs. Omolola Oloworaran has stated that the commission is optimistic that the recently approved N758 billion bond by the Federal...

Fuel Importers Hit with N75bn Monthly Loss After Dangote's Price Slash   Importers of Premium Motor Spirit (petrol) may lose an average of N2.5bn daily and N75bn monthly following the latest PMS price reduction announced by the Dangote Petroleum Refinery. Findings revealed...

Investors Lose N77bn as Equity Market Dips   The Nigerian equity market reversed its previous gains, recording a N77bn loss at the close of trading on Tuesday as investor sentiment weakened. The market capitalisation of the Nigerian Exchange Limited declined to N67.02tn...