Business
CBN Reforms Support Strong, Resilient African Financial Architecture-Cardoso
The governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says the bank’s reforms align with efforts to establish a stronger and more resilient […]
Business
Business
NNPCL Says Port Harcourt Refinery Is Back, Begins Crude Oil Processing At 60,000bpd
The Nigeria National Petroleum Company Limited (NNPCL) has announced that its Port Harcourt Refinery in Rivers State has commenced crude oil processing. This was disclosed […]
Business
IMF Report Shows Reforms Under Tinubu Not Working, As Inflation Stays In Double Digits
The International Monetary Fund (IMF), in its latest outlook report for sub-Saharan Africa has indicated that the broad-based economic reforms embarked upon by the President […]
Business
NNPCL Increases Fuel Price To N1030 Per Litre
Filling stations owned by the Nigerian National Petroleum Company Limited (NNPC) have hiked the fuel price to N1030 per litre in the country. This new […]
Business
NBS: Cost Of Healthy Diet Stood At N1,255 In August
The National Average Cost of a Healthy Diet, CoHD, per adult a day stood at N1,255 in August 2024, the National Bureau of Statistics, NBS, […]
Business
World Bank Approves $500 Million Loan For Power, Irrigation Project In Nigeria
The World Bank has approved a 500 million dollar loan to support the Sustainable Power and Irrigation for Nigeria (SPIN) project aimed at reducing climate-induced […]
Business
Allow Oil Marketers To Lift Petrol Directly From Dangote Refinery, LawmakersTell FG
The house of representatives has asked the federal government to allow oil marketers to buy premium motor spirit, also known as petrol, directly from the […]
Business
FAAC: FG, States, LGAs Shared N1.2trn In August
The federation account allocation committee (FAAC) says the three tiers of government shared a total of N1.203 trillion in August 2024 from a gross total […]
Business
We’ve Deployed Over 100 Trucks To Dangote Refinery For Petrol Supply-NNPC
The Nigerian National Petroleum Company (NNPC) Limited says it has been mobilising trucks to the petrol-loading gantry of Dangote Petroleum Refinery. In a statement on […]
Business
NNPC Ltd Faces Financial Strain, Threatens Fuel Supply
The Nigerian National Petroleum Company Limited, NNPC Ltd, is experiencing financial strain, which has put considerable pressure on the company and poses a threat to […]