Business

Labour Lists Conditions For Fuel Subsidy Removal Key labour unions in Nigeria met on Tuesday in Abuja where they outlined the conditions the Federal Government...

In Six Years, CBN Invested Over N1trn On Farmers – Emefiele   The Central Bank of Nigeria (CBN) has empowered at least 4,489,786 farmers through intervention...

By Kabir Abdulsalam Governors of the Peoples Democratic Party (PDP) have slammed President Muhammadu Buhari over his poor handling of the nation and the...

Oil Price Soars To Seven-year High   Oil prices traded within striking distance of its seven-year high at $86.71 per barrel yesterday on continuing supply constraints...

FG To Raise N471bn From Capital Market In First Quarter   The Federal Government plans to raise about N471 billion in new debt capital from the...

With N4.56trn Encumbrances, NNPC To Shed Toxic Liabilities In 2022 - Kyari   Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mallam Mele...

Naira Declines Amid Devaluation Concerns   The Naira depreciated at the official and parallel markets amid growing concerns that oil revenue fluctuation and global monetary tightening...

460 projects amounting to N378.9 billion were duplicated in the 2022 budget signed by President Muhammadu Buhari. BudgIT, a civic-tech non-profit organisation which has been...

NNPC, Others May Reconstruct Federal Roads In Ogun, Says Buhari   President Muhammadu Buhari on Thursday, disclosed that the Federal Government is considering giving approval for...

Diesel Surges By 56% In One Year, Now N350/litre   The price of Automotive Gas Oil, also known as diesel, has increased further to N350 per...

Net Forex Inflow Drops By 30% To $2.69bn As Outflow Rose By 53%   The members of the Central Bank of Nigeria’s, CBN, Monetary Policy Committee,...

NLNG Suspends Cooking Gas Export, Channels 100% To Domestic Market   The Nigeria LNG Limited announced on Thursday that its board of directors had approved the...

CBN Will Spend $8bn Defending Naira This Year - Rewane   The Managing Director of Financial Derivatives Company Ltd and economist, Bismarck Rewane, yesterday, painted a...

Emefiele Not Contesting for Presidency – CBN Central Bank of Nigeria (CBN) has dissociated itself from a report by an online medium claiming that Godwin...

By Kabir Abdulsalam President Muhammadu Buhari plans to spend 21.9 billion naira on the State House Medical Centre, an analysis of the 2022 Budget signed...

Oil Price Surges Above $85 Amid Omicron Impact   The international oil benchmark, Brent crude, climbed above $84 per barrel on Wednesday on tight supply and...

Market Capitalisation Rises By N404bn As Bulls Make Rebound   The bulls regained dominance on the equities sector of the Nigerian Exchange Limited (NGX), as many...

Higher Oil Prices’ll Drive Nigeria’s Economy By 2.5% In 2022 – W/Bank   The World Bank has projected a 2.5 per cent economic growth for Nigeria...

Concerns As New Bill Grants Customs Exclusive Control Of Trade Policies   There are concerns about the proposed Nigeria Customs Service (NCS) Reform Bill as stakeholders...

ABCON To CBN: Allow BDCs Compete For $20bn FX Inflow   Association of Bureaux De Change Operators of Nigeria (ABCON) has called on the Central Bank...