34.6 C
Abuja
Tuesday, March 31, 2020
NNPC Towers

NNPC Loading Depots to Remain Operational

NNPC Loading Depots to Remain Operational …As Corporation Assures of Nationwide Product Availability In its bid to ensure that the Presidential directive on the lockdown of...

Nigeria Earned $32.63bn  from Oil & Gas Sector in 2018

Nigeria Earned $32.63bn  from Oil & Gas Sector in 2018 Nigeria earned a total of $32.63 billion from the oil and gas sector in 2018,...

COVID-19: CBN Grants Two-week Market Holidays To BDCs

COVID-19: CBN Grants Two-week Market Holidays To BDCs   The Central Bank of Nigeria (CBN) has granted a two week market holidays to the Bureaux De...

Petrol Imports: Marketers Worry Over Dollar Shortage

Petrol Imports: Marketers Worry Over Dollar Shortage   While the landing cost of petrol has tumbled on the back of the sharp drop in crude oil...

Nigeria Struggles To Sell Oil Despite Price Cut

Nigeria Struggles To Sell Oil Despite Price Cut   Despite the significant reduction in its official selling prices aimed at wooing buyers, Nigeria is still struggling...

COVID-19 Restrictions: FG Grants Exemptions to Banks, Financial Services.

COVID-19 Restrictions: FG Grants Exemptions to Banks, Financial Services. The Minister of Finance, Budget and National Planning Mrs Zainab Ahmed and the Central Bank Governor...

SEC Unveils Regulatory Framework For Crowd Funding

SEC Unveils Regulatory Framework For Crowd Funding .... Pegs paid up capital at N100m Nigeria’s Securities and Exchange Commission (SEC), has unveiled an exposure draft of...
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COVID 19: CBN Disinfects Head Office, Branches

COVID 19: CBN Disinfects Head Office, Branches As the Federal Government, through the Federal Ministry of Health and the Nigeria Centre for Disease Control (NCDC),...

BREAKING: NNPC, Partners Donate N11bn to Fight Coronavirus

BREAKING: NNPC, Partners Donate N11bn to Fight Coronavirus The Nigerian National Petroleum Corporation (NNPC) has made a donation of $30 million (N11 billion) to help...

CBN Suspends Forex Sales To BDCs Over Pandemic

CBN Suspends Forex Sales To BDCs Over Pandemic   The Central Bank of Nigeria has granted a two- week market holidays to the Bureaux De Change...

Global Stocks Up On $2trn US Relief Package

Global Stocks Up On $2trn US Relief Package   A Wall Street rally powered global gains in stocks on Thursday despite a record number of new...

Banking, Industrial Goods Lead As Stock Market Gains N15bn

Banking, Industrial Goods Lead As Stock Market Gains N15bn     The Nigeria stock market on Thursday closed marginally higher with a 0.13 per cent gain, halting...

Patronise Illegal Fund Managers at Your Risk –SEC Warns

Patronise Illegal Fund Managers at Your Risk –SEC Warns The Securities and Exchange Commission, SEC, has warned Nigerians against patronising fund managers that are not...

COVID-19: Online Instant Payments Now 3.71 million

COVID-19: Online Instant Payments Now 3.71 million   Bank customers across the country carried out over 3.71 million online instant payments on Nigeria Interbank Settlement System...

Oil Prices Fall As Fuel Demand Sinks

Oil Prices Fall As Fuel Demand Sinks   Oil prices fell on Wednesday despite a massive pending United States economic stimulus package as the coronavirus pandemic...

COVID-19: Oil Majors Slash 2020 Spending By 18%

COVID-19: Oil Majors Slash 2020 Spending By 18%   The world’s biggest oil and gas companies are slashing capital spending this year following a collapse in...
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We Are Losing Over N10bn – Oil Marketers

We Are Losing Over N10bn - Oil Marketers   The Petroleum Product Retail Outlet Owners Association of Nigeria has said its members across the country are...

NARTO To Tanker Drivers: Stop Loading Fuel To Curb COVID-19

NARTO To Tanker Drivers: Stop Loading Fuel To Curb COVID-19   The national leadership of Nigerian Association of Road Transport Owners (NARTO) said it had directed...

Stock Market Gains N21bn, Reverses Previous Day’s Loss

Stock Market Gains N21bn, Reverses Previous Day’s Loss   The Nigerian equity market on Tuesday rallied 0.19 per cent to reverse previous day negative sentiment ahead...

CBN  again retains MPR at 13.5%

CBN  again retains MPR at 13.5% The Monetary Pokicy Committee (MPC) of the central bank of Nigeria(CBN) has retained the monetary policy rate(MPR) at 13.5percent...