Discos responsible for phased-out meters replacement – FCCPC
The Federal Competition and Consumer Protection Commission (FCCPC) has established that power distribution companies are accountable for replacing phased-out meters…
Day: October 23, 2024
BPP seeks to amend procurement law to boost local manufacturing
The Bureau of Public Procurement (BPP) is taking steps to amend the Public Procurement Act (PPA) of 2007, aiming to…
Oando hails regulators for taking crucial decisions to improve energy sector
Oando Plc, Nigeria’s top integrated energy company listed on the Nigerian Exchange and Johannesburg Stock Exchange, joined industry leaders at…
Nigeria Customs Service Wins Golden World Award for Crisis Communication
The Nigeria Customs Service (NCS) has been honored with the prestigious Golden World Award (GWA) for Crisis Communication, presented by…
Nigeria still borrowing amid high debt costs
Nigeria’s engagement with the global debt market continues to thrive, according to the International Monetary Fund (IMF), despite the hurdles…
Business Journal summit to highlight insurance’s role in economic growth
The Business Journal Annual Lecture 2024 is set to highlight the critical role of the insurance industry in catalyzing sustainable…
UBA grows profit by 20% to N603bn
United Bank for Africa (UBA) Plc announced a 20.2% rise in profit before tax (PBT) for the third quarter of…
MTN Nigeria Urges Telecom Sector Reforms Amid Mounting Financial Pressures
MTN Nigeria’s CEO, Karl Toriola, has highlighted the urgent need for the telecommunications industry to return to profitability, citing escalating…
Nigeria stops Cooking Gas Exports to Address Rising Domestic Prices
The Nigerian government has announced a suspension of the export of Liquefied Petroleum Gas (LPG) to prioritize domestic supply and…
Nigerian Airlines Turn to Dangote Refinery for Local Jet Fuel as Import Costs Soar
Nigerian airline operators have confirmed that, they are sourcing Jet A1 fuel from Dangote’s refinery to curb the high cost…