Business

Tinubu Writes NASS, Seeks Approval For N1.77tn Fresh External Borrowing

President Bola Tinubu has written to the National Assembly requesting approval for a new external borrowing plan of N1.767 trillion to help finance the...

DisCos Are To Replace Faulty Meters – NERC

The Nigerian Electricity Regulatory Commission (NERC) has declared that electricity distribution companies (DisCos) are responsible for replacing faulty meters at no cost to customers. In...

Naira Falls By 2.31% At Official Market

The naira depreciated by 2.31% or N38.12 on Monday at the National Autonomous Foreign Exchange Market, closing at N1690.37/$, down from N1652.25/$ the previous...

How My South African Partner Duped Me Of $3.5m In Kenya – Murray-Bruce

Ben Murray-Bruce, the founder of the Silverbird Group, has shared the story of how he was defrauded of $3.5 million by his South African...

FEC Approves Tinubu’s $2.2bn External Borrowing Plan

The Federal Executive Council (FEC) has approved a $2.2 billion financing plan for external borrowing, which includes the possibility of issuing a Eurobond and...

NNPCL Reacts To Report Claiming It Stopped Fuel Imports

The Nigerian National Petroleum Company Limited (NNPCL) has dismissed as inaccurate a news report claiming that the company has ceased the importation of refined...
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