HomeBusiness

Business

Equity Market: Investors Lose N365bn in One Week

The equity market continued its losing streak for the second week as investors lost N365 billion on the trading floor of the Nigerian Exchange (NGX) last week.

Again, Dangote Reduces Petrol Price

Again, Dangote Reduces Petrol Price   Dangote Petroleum Refinery on Friday reduced the loading cost of its petrol from ₦825 per litre to ₦815 per litre, further intensifying the pricing war in the downstream sector. Report has it that marketers are taking advantage of the ₦10 reduction...

Efficient Trade: Customs Sensitizes Stakeholders on B’Odogwu

Efficient Trade: Customs Sensitizes Stakeholders on B'Odogwu The Nigeria Customs Service (NCS) has intensified efforts to modernize trade processes by engaging stakeholders in a sensitization program on the B’Odogwu clearance system. The initiative is a crucial component of the ongoing e-Customs modernization project. Held on Thursday, the...

Lawmakers Pass Bill to Restrict Foreign Vessels in Nigeria’s Coastal Waters

Lawmakers Pass Bill to Restrict Foreign Vessels in Nigeria’s Coastal Waters   The House of Representatives has taken steps to strengthen Nigeria’s shipping sector with a proposed amendment to the Coastal and Inland Shipping (Cabotage) Act, 2003 to restrict operations of foreign vessels in domestic...

FG Meets Foreign Airlines Over Fare Hike 

FG Meets Foreign Airlines Over Fare Hike    The Federal Government, through the Minister of Aviation and Aerospace Development, Festus Keyamo, has disclosed ongoing efforts to address the high cost of air tickets for both domestic and international travel while also announcing enhancements in airport safety...

Finance Minister, NNPCL Review Crude Oil Sales Policy

Finance Minister, NNPCL Review Crude Oil Sales Policy The Technical Sub-Committee on the Naira-for-Crude Policy met on Thursday at the Ministry of Finance Headquarters in Abuja to assess developments and reaffirm commitments to the policy framework, a senior government official said. The source, who spoke on...