Economy
FG to “punish” state, local govts over double taxation in mining sector – Minister
The Federal Executive Council (FEC), on Wednesday, authorised the finance ministry to directly deduct the federal allocation of any state...
Read more
FG urges international oil coys, host communities to honour MoUs
The Federal government has urged International Oil Companies (IOCs) operating in the Niger Delta Region to honour Memorandum of Understanding...
Read more
Oil prices bolstered by bigger-than-expected drop in U.S. crude stocks
Oil prices moved higher on Wednesday after an industry report showed that U.S. inventories of crude fell more than analysts...
Read more
Dollar holds firm as U.S. bond yields jump
The dollar inched ahead on Wednesday, as a jump in U.S. yields pushed it higher against the Japanese yen, while...
Read more
Verify electricity bill status before renting houses, KEDCO urges intending tenants.
Following the huge unpaid electricity bills by out-going tenants in Kano franchise areas, the Management of Kano Electricity Distribution Company...
Read more
Tanker drivers start strike Monday as talks with LASG end in deadlock
The National Union of Petroleum and Natural Gas Workers (NUPENG) has said that the planned strike by Petroleum Tanker Drivers...
Read more
NUPENG scribe wants LASG’s intervention in Petroleum Tanker Drivers’ strike
Adebayo Hassan, Secretary, National Union of Petroleum and National Gas Workers (NUPENG) Sango-Ota Chapter, has appealed to the Lagos State...
Read more
Port Harcourt DisCo revokes electric bill distribution by contractors
The Port Harcourt Electricity Distribution Company (PHED) says it has discontinued third party distribution of electricity bills to customers in...
Read moreOil rises 1% on Saudi Aramco’s upbeat demand view, Iraq supply cut
Oil prices climbed on Monday, supported by Saudi optimism about Asian demand and an Iraqi pledge to deepen supply cuts....
Read more
Buhari signs Amended Companies and Allied Matters Bill, after 30 years
President Muhammadu Buhari on Friday assented to the Companies and Allied Matters Bill, 2020 recently passed by the National Assembly....
Read more