African Business News

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45618 fuel subsidy oil theft gulped n29tn says fg

FG disburses N173bn for uniform fuel price nationwide

By Ifunanya / January 11, 2023

PMS price exceeds approved rates in states despite equalisation The Federal Government disbursed about N173.2bn for the equalisation of over […]

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5177 nuprc commences 2022 mini bid round

NUPRC commences 2022 mini-bid round

By Ifunanya / January 11, 2023

The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has announced the commencement of its 2022 mini-bid round. The Commission’s Chief Executive […]

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29703 debt crisis nigerias fuel subsidy heavily politicized financial expert laments

FG disburses N173bn for nationwide fuel price equalization amid persisting scarcity

By Ifunanya / January 11, 2023

The Federal Government disbursed about N173.2 billion for equalizing over 11.6 billion litres of Premium Motor Spirit, popularly called petrol, […]

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5045 why nigerian vessels cant lift crude ex comd nnpc

Why Nigerian vessels can’t lift crude – Ex COMD-NNPC

By Ifunanya / January 11, 2023

A former General Manager, Shipping and Terminal Operations, Crude Oil Marketing Division of the Nigerian National Petroleum Corporation, Kon Bob-Manuel, […]

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62656 forgery lp seeks evidence to disqualify enugu governor elect

Scarcity: Pinnacle boss blames poor downstream sector investment

By Ifunanya / January 11, 2023

Inadequate investment in the downstream sector of Nigeria’s oil and gas industry was responsible for the perennial fuel scarcity, the […]

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5036 nigerias rising debt profile spells doom for incoming government experts

Nigeria’s rising debt profile spells doom for incoming government – Experts

By Ifunanya / January 11, 2023

Nigeria’s swelling debt profile without a commensurate infrastructural development has become of great concern to many Nigerians. For economic experts, […]

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4909 clients assault firms employees vandalise offices

Clients assault firm’s employees, vandalise offices

By Ifunanya / January 10, 2023

Angry clients of Oxford International Group have assaulted senior executives of the firm, inflicting injuries, vandalising vehicles, properties, and residential […]

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12920 WhatsApp Image 2021 07 05 at 12.47.03 PM e1655812028233

Ondo govt to spend N3.2bn on security

By Ifunanya / January 10, 2023

Governor Rotimi Akeredolu of Ondo State The Ondo State government on Monday said it will be spending N3.2bn on security […]

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Heads will roll over N23.7 trillion CBN’s advances to government – Expert

By Ifunanya / January 10, 2023

An investment and economic expert, Titewa Adebajo, has called for consequences over the N23.7 trillion Ways and Means advance from […]

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4898 expert reveals key considerations to unpack in nigerias 2023 budget

Expert reveals key considerations to unpack in Nigeria’s 2023 Budget

By Ifunanya / January 10, 2023

An economic expert has identified six critical considerations for the N21.88 trillion 2023 National Budget. The Regional Senior Partner, Nigeria […]

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