Crude Oil Price Hits $91 per Barrel
Brent Crude price has surpassed the $90 per barrel threshold and surged past the $91 per barrel mark as of Sunday.
Global crude oil prices reported a second straight weekly gain and hit six-month high levels as markets watched...
Nigeria Manufacturing Export Decline by 62% – Report
The contribution of the manufacturing sector to Nigeria’s non-oil exports has declined by 62 percent in four yearsas operators battle rising expenses amid high borrowing costs and low consumer spending.
Data from the most recent foreign trade report...
Several organizations such as the Nigeria Labour Congress (NLC), the Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) have voiced their concerns over job security regarding the new banks’ recapitalisation as ordered by the Central Bank of Nigeria (CBN).
As the value of the Naira strengthens against US dollar, the Association of Bureaux De Change Operators of Nigeria (ABCON), the umbrella body of all Central Bank of Nigeria (CBN)-Licensed Bureaux De Change (BDCs) in Nigeria yesterday appealed to the Apex Bank to adjust and lower its applicable Exchange Rate downward below the N1,251/$ its pegged for the BDCs.
Five states; Kogi, Kebbi, Jigawa, Bauchi and Kano states, have subsidised Hajj fares for 10,260 intending pilgrims for the 2024 exercise, with a combined sum of N9,120,997,990 billion.
Petrol Shortage: Queue will Disappear Soon, NNPC Assures
Nigerian National Petroleum Company Limited (NNPCL) has said efforts have been intensified at ending the current petrol shortage in Lagos and its environs.
A statement by the Chief Corporate Communications Officer of the firm, Olufemi Soneye, said the...
