Fuel Queues In Abuja Worsen As Supply Crisis Lingers   Oil marketers on Monday attributed the widespread queues for Premium Motor Spirit, popularly called petrol, in Abuja and environs to the lingering crisis in the supply of the commodity. It was also...

NGX Rebounds As Indices Rise By N276bn   The Nigerian Exchange Limited (NGX) reopened in an upbeat yesterday, occasioned by gains in major highly capitalised (high cap) stocks, as market capitalisation appreciated by N276 billion. Specifically, the All-Share Index (ASI) rose by...

In 7 Years, Sugar Sector Gets N200bn Investments - NSDC   The National Sugar Development Council (NSDC) has said N200 billion investments have been made in the sugar sector on the Backward Integration Programme (BIP) in the last seven years. The programme,...

Monthly IGR grew By 7,400% In 22 years - Lagos   The Lagos State Government said on Monday that its Internally Generated Revenue grew by 7,400 per cent between 1999 and 2021. The Governor, Mr Babajide Sanwo-Olu, disclosed this at the 149th...

Fed Govt To Pocket N227bn As MTN, Mafab Win 5G Licence   Nigerian Communications Commission (NCC) has declared MTN Nigeria and Mafab Communications winners of the two slots of the 3.5GHz spectrum auction for the Fifth Generation (5G) network licenses for...

Power Firms Owe Banks N820bn Amid Sector's Lingering Problems     The debt owed to Nigerian banks by operators in the power sector rose by 11.85 per cent in one year to N819.97bn in August this year amid the lingering problems plaguing...