HomeBusiness

Business

FG Launches Control Centre To Monitor Mini-Grids

FG Launches Control Centre To Monitor Mini-Grids The Rural Electrification Agency (REA) has commissioned an energy management system control center capable of hosting all mini grids in the country. Speaking during the launch at its headquarters in Abuja, the Managing Director of REA, Ahmad Salihijo Ahmad,...

Transport Fare Dropped In October as Fuel Price Rises – NBS

Transport Fare Dropped In October as Fuel Price Rises - NBS The National Bureau of Statistics has stated that there was a -16.48 per cent drop in the price of transportation fare within city in October. The NBS in its transport fare report said the drop...

Cooking Gas Price Rises 9.6% in States

Cooking Gas Price Rises 9.6% in States The price of Liquefied Petroleum Gas, LPG, otherwise known as cooking gas, rose by 9.6 percent month-on-month, MoM, to N12,000.00 (12.5kg) in November 2023 from N10,500 recorded last month. Checks by Economic Confidential revealed that the current price was...

NBS: Air Travel Fare Rises N78,778 in October – Report

NBS: Air Travel Fare Rises N78,778 in October - Report The National Bureau of Statistics says average air travel fare grew year-on-year (YoY) by 7.6 percent to N78,778 in October 2023 from N73,198 in October 2022. Disclosing this in its Transport Fare Watch for October 2023,...

Senate Approves 2024-2026 MTEF, to Probe Tax Waivers from 2015

Senate Approves 2024-2026 MTEF, to Probe Tax Waivers from 2015 Senate has approved the 2024-2026 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). The upper legislative chamber also ordered investigation into all tax waivers since 2015 and directed that waivers not directly linked to...

Equity Market Falls by N35bn as Trading Declines

Equity Market Falls by N35bn as Trading Declines The market capitalisation of the Nigerian Exchange Limited slid by N35bn as MTN Nigeria (-0.63 per cent), Dangote Sugar (-1.64 per cent), Lafarge Africa Plc (-1.34 per cent), United Bank for Africa(-0.24 per cent) and FBN Holdings...