Average price of cooking gas increases by 8.70% annually – NBS
The mean cost of a 5kg cylinder of Liquified Natural Gas (LNG), commonly referred to as cooking gas, witnessed a rise of 8.70% to N4,962.87 […]
Business
World of cashew nut business in Enugu community: How women make fortune
Obollo-Afor, the central hub of Udenu Local Government Area in Enugu State, is renowned for the cultivation of cashew nuts, avocado pears, plantains, bananas, and […]
Dangote Refinery awaits Nigerian Govt’s approval to hit market with diesel, aviation fuel
Dangote Petroleum Refinery has formally requested approval from the Nigerian Government to supply the local market with diesel and other petroleum products, as indicated in […]
Dangote refinery: Marketers speak on imminent fuel price reduction
Following the commencement of operations at the Dangote Refinery, oil marketers have responded to the potential reduction in fuel product prices. The Dangote refinery announced […]
Uproar as CBN announces Abuja office decongestion affecting 1,533 staff
Growing concerns are arising among employees as the Central Bank of Nigeria (CBN) initiates the decongestion of its Abuja head office, impacting 1,533 staff members. […]
Afreximbank disburses $2.25bn crude oil prepayment to Nigeria
African Export-Import Bank said it has successfully arranged a syndicated $3.3 billion crude oil prepayment facility sponsored by the Nigerian National Petroleum Company Limited and […]
$1tn economy: Mergers, acquisitions loom as CBN plans banks’ recapitalization
Mergers and acquisitions are on the horizon for Nigeria’s Deposit Money Banks as they prepare for another round of recapitalization, aligning with the country’s target […]
Ministry of Finance Incorporated: Can Takang Deliver?
Walter Duru, Ph.D Nigeria’s President, Bola Ahmed Tinubu has just appointed a new leadership for the Ministry of Finance Incorporated (MOFI), an asset holding and […]
Rising inflation pushes more Nigerians into poverty under Tinubu govt
Nigeria’s escalating inflation is causing increasing hardship for its citizens, resulting in a shrinking purchasing power and heightened poverty levels during President Bola Ahmed Tinubu’s […]
Naira gains against US Dollar amid rising inflation
On Wednesday, the Nigerian currency, the naira, showed resilience against the US Dollar, despite the country experiencing a significant inflation rate. According to FMDQ data, […]