NUPENG To FG: Ensure Refineries Work Before Subsidy Removal   Against the backdrop of the planned removal of subsidy from premium motor spirit (PMS), the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has warned the federal government against going...

Workers Transferred N663bn RSA To Other PFAs - PenCom   No fewer than 168,768 workers have changed their Pension Fund Administrators (PFAs) and moved N663.761bn Retirement Savings Accounts (RSA) since the National Pension Commission (PenCom) opened the window of transfer. The window...

'High Cost of Cooking Gas Due To FX Scarcity, Inadequate Infrastructure'   Founder and Chief Executive Officer of Hyde Energy Limited, a downstream oil and gas company, Mr. Oladimejj Edwards, has attributed the high cost of Liquefied Petroleum Gas (LPG), popularly...

Stock Investors Lose N601bn As Sell-off Persists In Market   The weak sentiment in the equities (stock) market and the accompanying sell-off persisted last week with investors losing N601.29 billion. Particularly, the market capitalization (market value) of all listed equities (shares) fell...

FG To De-risk Cashew Value-chain To Boost Production, Export   The federal government has taken immediate steps to maximise and harness the full economic potential inherent in cashew export. The Executive Director/Chief Executive, Nigerian Export Promotion Council (NEPC), Dr. Ezra Yakusak, said...

World Bank Says Nigeria Spent 96% Of Revenue On Debt Servicing In 2022   The World Bank says Nigeria’s constant fiscal deficit has worsened the nation’s public debt stock, with 96.3 per cent of government revenue spent on servicing debt in...