Business

Dredgers association disowns extortion claim against Lagos commissioner

Dredgers association disowns extortion claim against Lagos commissioner

By Providence Ayanfeoluwa The Dredgers Association of Nigeria, DAN, has dissociated itself from a publication alleging harassment, intimidation or extortion of dredgers and tipper operators by Commissioner for Waterfront Infrastructure Development, Lagos State, Ekundayo Alebiosu. A disclaimer signed by the National President, Batare Akpomejero; and National Secretary, Richard Ntan, said that the publication of the […]
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2027 Budget: FG moves to produce implementable Finance Bill

2027 Budget: FG moves to produce implementable Finance Bill

By Emma Ujah, Abuja Bureau Chief The Federal Government (FG) has commenced preparations for the 2027 budget with the inauguration of a subcommittee to review existing fiscal and tax reforms and develop an implementable Finance Bill. The Subcommittee on Fiscal Policy and Tax Reforms was inaugurated yesterday in Abuja by the Minister of Finance and […]

CSOs protest rising debt, demand end to excessive borrowing

CSOs protest rising debt, demand end to excessive borrowing

By Emma Ujah Civil Society Organisations, CSOs, youths, students and market women yesterday protested at the Federal Ministry of Finance, Abuja, demanding an end to what they described as excessive borrowing by the Federal Government. The protesters, under the aegis of Climate Action, said the rising public debt-servicing burden was crowding out funding for critical […]

I regret delaying telcos’ entry into financial services — Sanusi

I regret delaying telcos’ entry into financial services — Sanusi

Muhammadu Sanusi II, the Emir of Kano, has said that one of his regrets in office as the governor of the Central Bank of Nigeria, CBN, was delaying the entry of telecommunications companies (telcos) into financial services. Sanusi spoke on Wednesday at the launch of the 2026 Access to Financial Services in Nigeria (A2F) survey […]

Gas price rises by 8.3% to N1,300/kg, higher in informal locations

Gas price rises by 8.3% to N1,300/kg, higher in informal locations

•Marketers explain why By Mariam Eko The price of Liquefied Petroleum Gas (LPG), otherwise known as cooking gas, increased by 8.3 percent on a Month-on-Month, MoM, bases to N1,300 per kilogram (kg) as at September 16, 2026 from N1,200 it was sold in the corresponding period of August 2026. Checks by Vanguard confirmed that the […]

Nigeria targets 70% of Africa’s gas demand with higher production — NUPRC

Nigeria targets 70% of Africa’s gas demand with higher production — NUPRC

•Rejects one-size-fits-all net-zero pathway By Obas Esiedesa, Bangkok Nigeria is targeting a significant expansion of its natural gas production to supply up to 70 per cent of Africa’s gas demand, leveraging its estimated 215 trillion cubic feet (TCF) reserves to address energy poverty across the continent, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said. […]