The cost of fuel subsidy is estimated to increase by 369.93 per cent from 2021 to 2023, ALPHA NEWS NG learnt. In 2021, the Nigerian…
View More Amid rising debt, subsidy cost jumps by 370%
Category: Business
Akwa Ibom: Regulate media ownership in Nigeria – Commissioner urges National Assembly
Akwa Ibom State Commissioner for Information and Strategy, Comrade Ini Ememobong, has urged the next national Assembly to regulate media ownership in Nigeria. He added…
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Govt urged to address challenges in confectionery business
The Chief Executive Officer, DewDrops Cakes Limited, Mrs Ezinne Okonkwo, has called on the federal and state governments to come to the aid of bakers.…
View More Govt urged to address challenges in confectionery business
Bread makers declare nationwide strike as price of baking materials increases
Premium Breadmakers Association of Nigeria (PBAN), comprising owners, Managing Directors and Partners of premium bakeries in Nigeria, will be embarking on a four-day warning strike beginning…
View More Bread makers declare nationwide strike as price of baking materials increases
CBN Increases interest rate again – Emefiele
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday again raised the Monetary Policy Rate from 13 per cent to 14 per…
View More CBN Increases interest rate again – Emefiele
Crude oil price hits over $100 again
The price of crude oil climbed above the $100 mark on Sunday hitting $101.16/barrel after trading around $98/barrel since Tuesday, as oil marketers in Nigeria…
View More Crude oil price hits over $100 again
Senate orders NIMASA DG’s arrest over $9.305bn loss
THE Senate through its Panel on Public Accounts has ordered the arrest of the Director-General of the Nigerian Maritime and Safety Agency, Dr Bashir Jamoh,…
View More Senate orders NIMASA DG’s arrest over $9.305bn loss
Marketers finally hike petrol price to N170-N190/litre
Premium Motor Spirit popularly known as petrol will now be sold between N170/litre and N190/litre in filling stations across the country, following what is believed…
View More Marketers finally hike petrol price to N170-N190/litre
Lagos bizman accuses police of extortion, petitions IG
A 40-year-old businessman, Mudasir Adeleye, has accused men of the Area C Police Command, Ojuelegba, Surulere, of extorting money from him. ALPHA NEWS NG gathered…
View More Lagos bizman accuses police of extortion, petitions IG
Nigeria loses 14.94million oil barrels worth N703.96bn –Reports
Nigeria’s oil production crashed by about 14.94 million barrels in the second quarter of this year, data obtained from the latest Monthly Oil Market Report…
View More Nigeria loses 14.94million oil barrels worth N703.96bn –Reports