HONLAF: We Must Protect our Economy from Consequences of Drug Trafficking - Tinubu By Nafisat Bello President Bola Ahmed Tinubu has expressed his administration’s commitment to the country’s fight against substance abuse and illicit drug trafficking as part of efforts to curtail the global drug problem...

Subsidy Removal: Petrol Consumption Declines 33% Post Deregulation – Minister Nigeria’s petrol consumption rate declined by 33 percent due to the subsidy removal. The minister of state for environment, Kunle Salako, disclosed this to newsmen at the 78th UN General Assembly in New York, that the...

NNPC, IOCs, Others Sign MoU To Reduce Contracting Cycle The Nigerian Content Development and Monitoring Board (NCDMB) has signed a Memorandum of Understanding (MoU) cum Service Level Agreement (SLA) with the Nigerian National Petroleum Company Ltd (NNPCL) and five international oil-producing companies to optimise the...

Investors Lose N39bn as Trade Volume Increases Trading Exchange closed negative on Friday by 0.11 per cent week-on-week due to weak market momentum which saw investors losing N39bn. Both the market capitalisation and the Nigerian Exchange Limited All Share Index closed trading lower at N36.847tn and...

Manufacturers Warn FG of Imminent N9,000 Hike in Cement Prices The Cement Producers Association of Nigeria has warned that the ongoing plan of the federal government to introduce concrete roads will raise the price of cement to N9, 000 per bag from the current price...

108 Transmission Towers Destroyed in 2 Years, Threatens Power - TCN  The Transmission Company of Nigeria, on Monday disclosed that about 108 power transmission towers were destroyed by vandals in various parts of the country between January 2022 and September this year. It was gathered that...