Marketers Kick Against Subsidy Removal, Urge Buhari to Suspend Move
The Nigeria Union of Petroleum and Natural Gas workers says its National Executive Council is going to come out with NUPENG’s position on the ongoing debate over the planned removal of subsidy on Premium Motor...
Imports From Russia Rises to N39bn Amid War - Report
The National Bureau of Statistics report has disclosed that Nigeria imported N39.68bn worth of goods from Russia, representing about 85 per cent increase amid the attacks on Ukraine.
The total imports from Russia hit N21.84bn in...
Global Growth Drops to 2% in 2023, Says World Bank
The World Bank Group President, David Malpass says global growth is expected to be weak in 2023, slowing to two per cent from 3.1 per cent in 2022.
Malpass said this in his Opening address at...
Peak Milk Removes, Apologises to CAN Over ‘Offensive’ Easter Advert
The management of FrieslandCampina WAMCO Nigeria Plc, manufacturers of Peak Milk, has apologised to the Christian Association of Nigeria for using the crucifixion of Jesus Christ as a metaphor to promote their product on Good...
Total Inflows To I&E Window Hit $1.49bn In March
The Central Bank of Nigeria (CBN)’s non-oil exports repatriation rebate scheme appears to be yielding fruits as investigations reveal that inflows into the Investors and Exporters (I&E) window improved in the month of March.
According to data...
Stock Investors Lose N674bn In Four-day Bearish Trading
Investors on the Nigerian Exchange Limited last week lost N674bn after four days of trading.
The market opened for four trading days last week as the Federal Government of Nigeria declared Friday and Monday (today) as Public Holidays...