Stock Market Records N83bn Gain on Positive Trading
The Nigerian Exchange Limited (NGX) closed in the green zone on Monday, with N83bn added to the wealth of investors.
This marked the third consecutive positive trading session in a market that had...
Weak Purchasing Power Pushes Unsold Goods to N1.24trn, MAN Reveals
The Manufacturers Association of Nigeria (MAN) has stated its unsold manufactured goods have reached a record N1.24tn, as its unsold inventories increased by 357.57 per cent in the first half...
NNPC Buys From Dangote Refinery, Ends N24trn Fuel Import
The Nigerian National Petroleum Company Limited (NNPCL) has stopped importing refined petroleum products and is now off-taking fuel from the Dangote Petroleum Refinery and other local refineries.
NNPC’s Group Chief Executive Officer,...
Mr. Tunji Bello, the Executive Vice Chairman and CEO of the Federal Competition and Consumer Protection Commission (FCCPC), has urged electricity distribution companies to prioritize consumer rights in the electricity metering process.Â
Dangote Petroleum Refinery has advised Pinnacle Oil and Gas Limited, along with other oil marketers, that the deregulation of the downstream oil sector should not be used to justify the importation of off-spec petroleum products or compromising Nigeria’s national interests.Â
According to Dr. Akintunde Sawyer, the Managing Director of the Nigerian Education Loan Fund (NELFUND), the agency has disbursed N11 billion to 90,000 students within the past six months.Â