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Category: Business

Business

Financial Challenges Threatening Nigeria’s Petrol Supply, NNPC Cries Out

<p>NNPC has revealed it is undergoing financial strain due to mounting debt, jeopardising the sustainability of Nigeria's fuel supply.</p> <p>The post <a rel="nofollow" href="https://www.arise.tv/nnpc-admits-debts-to-suppliers-impacting-availability-of-petrol-in-nigeria/">Financial Challenges Threatening Nigeria’s Petrol Supply, NNPC Cries Out</a> appeared first on <a rel="nofollow" href="https://www.arise.tv">Arise News</a>.</p>

mingooland · · 2 min read
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Business

CIBN Highlights Bank Recapitalisation’s Role in Boosting Nigeria’s GDP

<p>CIBN’s Pius Olarenwaju has stated that bank recapitalisation will boost Nigeria’s GDP and strengthen the banking sector.</p> <p>The post <a rel="nofollow" href="https://www.arise.tv/cibn-highlights-bank-recapitalisations-role-in-boosting-nigerias-gdp/">CIBN Highlights Bank Recapitalisation’s Role in Boosting Nigeria’s GDP</a> appeared first on <a rel="nofollow" href="https://www.arise.tv">Arise News</a>.</p>

mingooland · · 3 min read
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Business

Adamu: FCCPC Will Ensure That Associations Who Distort Market Prices Will Face the Law

<p>Adamu has warned market associations against restrictive practices, urging market management to act or face legal consequences.</p> <p>The post <a rel="nofollow" href="https://www.arise.tv/adamu-fccpc-will-ensure-that-associations-who-distort-market-prices-will-face-the-law/">Adamu: FCCPC Will Ensure That Associations Who Distort Market Prices Will Face the Law</a> appeared first on <a rel="nofollow" href="https://www.arise.tv">Arise News</a>.</p>

mingooland · · 2 min read
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Business

External Auditors To Examine NNPC ₦2.6 Trillion Fuel Subsidy Claim

<div><img width="300" height="243" src="https://www.naijanews.com/wp-content/uploads/2024/07/Mele-Kyari1-300x243.jpeg" class="attachment-medium size-medium wp-post-image" alt="Tinubu Approves NNPC's Request To Pay Petrol Subsidy" style="margin-bottom: 15px;" decoding="async" fetchpriority="high" srcset="https://www.naijanews.com/wp-content/uploads/2024/07/Mele-Kyari1-300x243.jpeg 300w, https://www.naijanews.com/wp-content/uploads/2024/07/Mele-Kyari1-1024x829.jpeg 1024w, https://www.naijanews.com/wp-content/uploads/2024/07/Mele-Kyari1-768x622.jpeg 768w, https://www.naijanews.com/wp-content/uploads/2024/07/Mele-Kyari1.jpeg 1280w" sizes="(max-width: 300px) 100vw, 300px" /></div> <p>The Federal Government has commenced efforts to enlist the services of an external auditor to verify the Nigerian National Petroleum Company Limited’s (NNPC) ₦2.7 trillion fuel subsidy claim. This move comes five months after the proposal was first raised at the Federation Allocation Accounts Committee (FAAC) meeting in April 2024. The external auditor, whose identity […]</p> <p>The post <a href="https://www.naijanews.com/2024/08/28/external-auditors-to-examine-nnpc-%e2%82%a62-6-trillion-fuel-subsidy-claim/">External Auditors To Examine NNPC ₦2.6 Trillion Fuel Subsidy Claim</a> appeared first on <a href="https://www.naijanews.com">Naija News</a>.</p>

mingooland · · 3 min read
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