Rahma Oladosu

Why Cooking Gas Price is Skyrocketing – NLNG

Why Cooking Gas Price is Skyrocketing - NLNG   At the backdrop of the sustained upswing in the prices of cooking gas, the Nigerian LNG Limited, has indicated that three major factors around the domestic macroeconomic developments as well as global...

‘N1trn Lost Annually to Poor Maritime Infrastructure’

'N1trn Lost Annually to Poor Maritime Infrastructure'   Nigerian shipowners have said that the country’s maritime sector is losing about N1tn annually due to poor infrastructure. The immediate past president of the Shipowners Association of Nigeria, Greg Ogbeifun, said this on Tuesday...

Electricity: Tinubu Stops Tariff Hike, Insists on Subsidy

Electricity: Tinubu Stops Tariff Hike, Insists on Subsidy   President Bola Tinubu recently stopped the implementation of a hike in electricity tariff and insisted that subsidy be paid on power consumed nationwide, the Minister of Power, Adebayo Adelabu, revealed on Wednesday. Adelabu...

Old Banknote Remains Legal Tender – CBN

Old Banknote Remains Legal Tender - CBN Every banknote remains legal tender and should not be rejected by anyone, the Central Bank of Nigeria has disclosed. This is as the apex bank directed all its branches across the country to continue...

China-Nigeria Trade Volume Hits $17bn

China-Nigeria Trade Volume Hits $17bn   The bilateral trade volume between China and Nigeria in the first three quarters of 2023 stood at $17.25bn, the Consul General of China in Lagos, Yan Yuqing has said. Yuqing disclosed this at the China Commodities...

Oil Sector Attracted Zero Foreign Investment in Q2, 2021 – NBS

Oil Sector Attracted Zero Foreign Investment in Q2, 2021 - NBS   The oil and gas sector in the country failed to attract any foreign investment for the first time in Q2 2021, amid the global push for cleaner energy, according...
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