Business & Economy - Page 39

By Emmanuella Anokam The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that the Host Community Development Trust (HCDT) has risen to N373bn as of Oct. 13, 2025. This is just as it revealed that about 536 community projects are ongoing simultaneously.

By Emmanuella Anokam The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it is  implementing polices that promote infrastructure expansion, access to facilities and investment in gas processing, storage, and transportation systems. The Authority Chief of the NMDPRA, Mr Farouk Ahmed,

Again, the Nigerian National Petroleum Limited (NNPCL) has increased petrol price to N992 per litre from N865 per litre. No official reason has been given for the increment as of the time of filing this report. Across NNPC retail outlets visited,

By Taiye Olayemi Heirs Insurance Group (HIG) has announced the launch of the Heirs Insurance Travel Festival, scheduled for Nov. 29 in Lagos. Ifesinachi Okpagu, Chief Marketing Officer of HIG, in a statement on Sunday, said the one-day event would promote an

The Central Bank of Nigeria (CBN) has directed all commercial banks and financial institutions in the country to refund customers for failed Automated Teller Machine (ATM) and electronic transactions within 48 hours. The apex bank issued the directive to address the

As Plato aptly stated, “Opinion is the medium between knowledge and ignorance.” This profound assertion underscores the necessity of wisdom to distinguish belief from truth. Without clear understanding, opinions, no matter how well-intentioned, remain elusive and inherently subjective, lacking the objectivity

By Nicholas Dechi The Benue Commissioner for Lands and Survey, Dr Frederick Ikyaan, says that the state government acquired vast land to establish an export and import processing zone. Ikyaan made the disclosure on Thursday in Makurdi when he received the

A catastrophic poverty crisis engulfs Nigeria as a staggering 139 million citizens languish in poverty despite the government’s high-octane economic reforms and fleeting macroeconomic stability. The World Bank’s Nigeria Country Director, Mathew Verghis, has blasted a dire warning that Nigeria risks

In September 2025, businesses in Nigeria sustained a positive trajectory, with the Current Business Performance remaining in the expansion region since December 2024. The NESG–Stanbic IBTC Business Confidence Monitor (BCM) reported a marginal rise to 107.9 points, up from 107.3 in August