Niger Delta: Kyari Mobilises NUPENG, Others To Tackle Oil Theft   The Group Managing Director of the Nigerian National Petroleum Company Limited (NNPC), Mele Kyari, has sought the support of the National Union of Petroleum and Natural Gas Workers, the National...

Despite Forex Shortage, Nigeria’s Imports Increase By N12.11trn   According to the Central Bank of Nigeria (CBN) and the National Bureau of Statistics (NBS) data, Between 2016 and 2021 Nigeria’s import bill rose from N8.73trn to of N20.84trn. This implies that...

Banks Borrowing From CBN Decline By 0.45% In Q1, 2022   Banks borrowing from the Central Bank of Nigeria (CBN) dropped marginally by 0.45 per cent to N1.35 trillion in the first quarter of 2022 compared to N1.36 trillion reported by...

Indices Rise By N36bn After Renewed Bargain Hunting In 18 Stocks   Following renewed bargain hunting in 18 stocks, the Nigerian Exchange Limited (NGX) reversed previous session losses to close upbeat, yesterday, as market capitalisation increased by N1 billion. The all-share...

Unemployment Looms As Truckers Lament 50% Decline In Cargoes   Truckers have decried about 50 per cent drop in cargoes coming into the country, sparking fears of a looming unemployment in the sector. In separate chats with our correspondent in Lagos,...

Digital Loan Sharks Agree To Stop Threatening, Defaming Defaulters   Digital money lenders also known as Digital loan sharks who are willing to continue operations in Nigeria must agree to certain conditions, the Federal Competition and Consumer Protection Commission (FCCPC) has disclosed. Executive...