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90% of containers underutilised, say operators

Maritime experts reveal that 90 per cent of containers brought into Nigeria are not efficiently utilised. Speaking with the PUNCH...
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BusinessNewsPolitics

DisCos issue notice of electricity tariff hike from July 1

Electricity Distribution Companies, DisCos, have informed customers that electricity tariff would increase from July 1, 2023, following increase in the...
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BusinessNewsPolitics

World Bank okays fresh $500m loan for FG

The World Bank Group has approved a loan of $500m to help Nigeria drive women’s empowerment, The PUNCH has learnt....
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BusinessNews

AfDB to support Tinubu, establish entrepreneurship investment bank in Nigeria –Akinwumi Adesina

Akinwumi Adesina, president of the African Development Bank(AfDB), has said his institution is ready to establish an entrepreneurshipinvestment bank in...
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BusinessNewsPolitics

Norway Supports Nigeria’s Agric Development.

The Government of Norway has provided an additional funding of 4.5 million dollars in support of Nigeria. The fund will...
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BusinessNews

Ibadan Residents Cry Out Over Unstable Power supply, High utility Billing.

Landlords and residents of Moniya in Akinyele Local Government Area of Oyo State have lamented the epileptic power supply and...
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BusinessNewsPolitics

Subsidy and Forex Reforms: Nigeria May Save N3.5trn or $5.10b in 2023 – World Bank

Nigeria could save up to N3.9 trillion or $5.10 billion this year alone after reforms to its foreign exchange market...
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BusinessNews

Oyebanji Makes Case for Collaborative Initiatives Between Èkìtì, Odu’a Group

Èkìtì State Governor, Mr. Biodun Oyebanji has made a case for collaborative initiatives between Odu’a Investment Company Limited and Èkìtì...
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BusinessNewsPolitics

Lagos Blue Rail Line Begins Commercial Operations August

The Marina to Mile 2 Blue Line of the Lagos Rail Mass Transit (LRMT), is to begin commercial operations in...
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BusinessNewsWorld

Ukraine set to build grain terminal at Lekki Port, Lagos.

The Ukrainian Government is set to build a grain terminal at the Lekki Port in Lagos, Nigeria, to help ensure...
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BusinessNewsPolitics

We’re Ready for Business, Tinubu Tells World Leaders

President Bola Ahmed Tinubu has told world leaders in Paris, France that Nigeria is eager to engage in business with...
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BusinessNews

Oil price rises to $76.13

According to New Dawn Nigeria, oil prices have risen to $76.13 per barrel. This rebound comes after two consecutive sessions...
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