Business and Economy

NLC declares two- day nationwide protest over economic hardship

By Joan Nwagwu Abuja, Feb. 16, 2024 The Nigeria Labour Congress (NLC,) says it will embarked on a two-day nationwide…

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DMO offers N2.5trn FGN bonds for subscription at N1,000 per unit

Director-General of the DMO,  Patience Oniha By Kadiri Abdulrahman Abuja, Feb. 15, 2024 The Debt Management Office has offered two…

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Ministry of Industry partners NIDCOM to boost Diaspora investment opportunities in Nigeria 

Abuja, Feb. 13, 2024. The Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite has expressed the need to work…

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NGX : Total share value drops by N83m, investors lose N184bn

By Rukayat Adeyemi Lagos, Feb. 13, 2024 Total share value on the Nigerian Exchange (NGX) Ltd. on Tuesday dropped by…

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Tinubu seeks Senate’s confirmation of five directors of CBN board

By Naomi Sharang Abuja, Feb. 13, 2024 President Bola Tinubu has asked the Senate to confirm the appointment of five…

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Access Holdings appoints Agbede as Acting Group CEO

By Rukayat Adeyemi Lagos, Feb. 13, 2024 The Board of Directors of Access Holdings Plc has  appointed Ms. Bolaji Agbede…

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Shell resumes crude supply to Port Harcourt Refinery with 475,000 barrels

The Shell Petroleum Development Company of Nigeria (SPDC) says it has resumed crude supply to the Port Harcourt Refinery with…

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Okonjo-Iwela, Otedola, others mourn Wigwes, former NGX Group Chairman 

By Rukayat Adeyemi Lagos, Feb. 11, 2024 Stakeholders in the financial sector have continued to mourn the Group Chief Executive…

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Maritime security: US Coast Guard to work with NIMASA on removal of CoE  

· We will continue to prioritise Safety and Security on Nigerian Waters – Jamoh  The United States Coast Guard USCG, has…

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NNPC, CBN to strengthen relationship to guarantee seamless commercial operation  

The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mallam Mele Kyari, and the…

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Inflation: Court verdict a wake-up call to FG to ensure people’s welfare – Laolu Akande

As inflation bites harder, forcing the court to order the Federal Government to regulate the prices of goods and services…

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Ministers, CBN, FIRS pledge to address high cost of living

By Femi Ogunshola Abuja, Feb. 6, 2024 The Minister of Finance, Mr. Wale Edun, and the Minister of Budget and…

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Climate change: NNPC Ltd, US Govt., Deloitte collaborate on greenhouse gas emission reduction from OML 34

The Nigerian National Petroleum Company Limited (NNPC Ltd) is working in collaboration with the United States Department of State and…

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NIMASA in retreat for management performance as Head of Service commends Marine and Blue Economy Ministry

The Management of the Nigerian Maritime Administration and Safety Agency, NIMASA, weekend, concluded a three day Performance Management retreat where…

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NCDMB parleys Chevron, recommits to fast-track approvals of oil industry projects

The Nigerian Content Development and Monitoring Board (NCDMB) has restated its commitment to accelerated approvals of requests and documents submitted…

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Konga wins Top Retailer award at HP 2024 Retail Bootcamp

Trusted e-commerce platform, Konga, has once again established its dominance by winning  the Top Retailer in the Supplies Category award…

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CBN relaxes restrictions on fx rates quoted by IMTOs

By Kadiri Abdulrahman Abuja, Feb. 1, 2023 The Central Bank of Nigeria (CBN), has removed allowable limit of exchange rate…

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NNPC Ltd woos South Korean investors for gas projects

…Felicitates Temile Devt. Company on acquisition of LPG Carrier  The Nigerian National Petroleum Company Limited (NNPC Ltd) has held talks…

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CBN clears more verified FX liabilities backlog .…Releases $500m to various sectors

ABUJA In its determination to address the backlog of verified foreign exchange transactions, the Central Bank of Nigeria (CBN) has…

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Dangote Cement rewards distributors at Awards night

For their continued loyalty, the management of Dangote Cement Plc, at the weekend rolled out the drums to celebrate its teeming…

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