Nigerians to pay more as Telcos propose 100% tariff hike
“According to Toriola, the proposed tariff hike is necessary for the sustainability of the industry, which has been facing significant financial pressures due to rising operational…
Section
Business
Nigerian business and economy news: the naira, CBN policy, inflation, oil and gas, banking, markets, budgets and companies.
Dangote’s $750m Refinery Management Offer Rejected by NNPC – Obasanjo
Former President Olusegun Obasanjo has revealed that the Nigerian National Petroleum Corporation (NNPC) turned down a $750 million offer from billionaire businessman Aliko Dangote to manage…
2025: Anxiety as Nigerians to pay 40 per cent more for calls, data
There is anxiety over a possible 40 percent telecommunications service tariff hike in Nigeria this New Year. This comes as telecommunications subscribers in Nigeria, under the…
2025: Subscribers reject fresh telecoms tariff hike in Nigeria
Telecommunications subscribers have vehemently rejected a proposed 40 per cent telecom service tariff hike in Nigeria expected to kick off in 2025. The National Exco of…
With God’s help, we’ll reduce inflation from 34.6% to 15% in 2025 – FG
President Bola Tinubu has again said that his administration is focused on reducing inflation from 34.6 percent to 15 per cent by 2025. Addressing Nigerians in…
World Bank Plans $1.65bn loans for Nigeria next year
The World Bank is set to approve three major loan projects for Nigeria in 2025, totaling $1.65 billion, aimed at addressing critical development challenges in the…
High Hopes, Higher Prices: How Local Refineries Failed to Tackle Rising Petrol Cost
Despite the availability of local refineries, petrol remains unaffordable for ordinary Nigerians, spiking inflation and deepening economic hardship. Over the years, Nigerians were led to believe…
Navy To Use Advanced Drones To Fight Oil Bunkering in Niger Delta
The Chief of Naval Staff, Vice Admiral Emmanuel Ogalla, has announced plans by the Nigerian Navy to deploy armed drones as part of efforts to combat…
Manmohan Singh, Former Indian Prime Minister and Economic Reformer Dies at 92
Manmohan Singh, former Prime Minister of India and a key figure in the country’s economic liberalization, has passed away at the age of 92. Singh, one…
FG to spend N1.9b to fuel State House generators in 2025
It appears there is no hope for an improved power supply to Nigerian households in 2025, as the federal government has made a provision of N1,989,579,379…