Price of cooking gas increases by 101% in one year as N/Central records highest average retail price – NBS
September 20, 2022 Average price of 5kg cooking gas increased from N4,397.68 in July to N4,456.56 in August. The assertion was made by the National Bureau of Statistics (NBS), in…
Nigeria’s public debt stock hits N42trn, over 58% external debt stock concessional, semi-concessional loans – DMO
September 20, 2022 The Debt Management Office (DMO) said Nigeria’s total public debt stock, which was N41.60 trillion (100.07 billion dollars) in March rose to N42.84 trillion (103.31 billion dollars)…
Commission promises to gazette Petroleum Industry Act provisions – Komolafe
By Emmanuella Anokam The Nigerian Upstream Petroleum Regulations Commission (NUPRC) says it will ensure that regulations and key policies necessitated by the Petroleum Industry Act (PIA) 2021 are developed and…
NCC to generate N500bn from 5G spectrums auctioning; makes N799bn in 4 years
The Nigeria Communication Commission(NCC) says it plans to generate over N500 billion as revenue for the Federal Government from the auctioning of two 5G spectrums in 2023. Prof. Umar Danbatta,…
NCC, NAICOM, LASG, Others Identify Importance of Media in National Development, Seek Adoption of AI
Experts who gathered at the public presentation of Business Journal Newspaper over the weekend in Lagos have identified the important role of the media in national development, urging media practitioners…
NCC commits to bridging digital gender divide; Danbatta Bags ‘Icon of Digital Revolution Award’
The Nigerian Communications Commission (NCC) has reiterated its unwavering commitment to bridging growing gender-oriented digital divide to accelerate inclusive economic prosperity for all Nigerian citizens. Executive Vice Chairman of the…
Shell considers safety, schedules 200,000 bpd Bonga FPSO TAM for October
September 19, 2022 Shell Nigeria Exploration, and Production Company Limited (SNEPCo) on Sunday said its 200,000 barrels per day capacity Bonga Floating Production Storage and Offloading (FPSO) vessel has been…
Medication errors kill 3m annually as Africa records 18.7% prevalence rate of substandard, counterfeit medicine, highest globally – WHO laments
September 17, 2022 The World Health Organisation (WHO) says medication errors contribute to over three million deaths globally on an annual basis. Its Regional Director for Africa, Dr. Matshidiso Moeti,…
Flutterwave adds Nigeria’s eNaira as payment option for merchants
September 16, 2022 Africa-focused fintech firm Flutterwave said on Wednesday it has added Nigeria’s eNaira as a payment option for merchants, a move that could help boost adoption of the…
Kenya scraps petrol subsidy after president warned it was unsustainable
September 16, 2022 Kenya scrapped a subsidy on petrol a day after new President William Ruto said subsidies were unsustainable, in a move that could add to upward pressure on…