Business Report
Cost of healthy diet records first decline, now at N1,255
The Cost of a Healthy Diet (CoHD) fell by 0.8 percent month-on-month (MoM) to N1,255 per adult per day in...
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PenCom okays ARM, Access Pensions merger
The National Pension Commission has approved the merger of ARM Pension Managers Limited and Access Pensions Limited. In a statement...
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FG extends rice subsidy programme to states
The Federal Government is expanding its subsidised rice programme to alleviate food insecurity in Nigeria, with sales set to launch...
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Govt begins distribution of 2,000 CNG-powered tricycles
The Federal Government, through the Presidential Compressed Natural Gas Initiative and the Federal Ministry of Youth Development, has flagged off...
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Stock market investors gain N1.15 trn in September
The Nigerian stock market has defied the economic hardship in the country as investors on the Nigeria Exchange, NGX reaped...
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NEITI: Nigeria loses 362.28m barrels of crude to sabotage
A new report by the Nigeria Extractive Industries Transparency Initiative has indicated that Nigeria lost 362.28 million barrels of crude...
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World Bank okays $1.57bn loan for Nigeria
The World Bank has approved three new loan requests totalling $1.57bn in financing for Nigeria. According to a statement released...
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FG begins electricity subsidy for public hospitals
The Federal Government said on Sunday that it had begun the implementation of electricity subsidies for public hospitals nationwide. This...
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FG allocates N29bn for infrastructure development in September
The Federal Government disbursed over N29bn in September for the enhancement of road networks and improvement of water resources, facilitated...
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Backward integration failing as raw materials’ import soars 160.9%
The value of raw materials imported into the country rose Year-on-Year, YoY, by 160.9 percent in the second quarter of...
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