Business & Economy

Improved crude oil prices, partial global economic recovery, others contribute to rise in Nigeria’s external reserves to $36.23bn

• Business & Economy
• National News

Improved crude oil prices, partial global economic recovery, others contribute to rise in Nigeria’s external reserves to $36.23bn

Admin January 27, 2021

The CBN says Nigeria’s Foreign Exchange Reserves rose from 34.94billion dollars in November 2020 to 36.23billion dollars...

Read More

Broadband: Nigeria’s Fibre Optic Transmission cables expanded from 47,000km to 54,725km in 5years – NCC

• Business & Economy
• National News

Broadband: Nigeria’s Fibre Optic Transmission cables expanded from 47,000km to 54,725km in 5years – NCC

Admin January 25, 2021

These were parts of industry growth data reeled out by the Executive Vice Chairman of NCC, Prof....

Read More

2021 economic outlook: Rewane projects gradual recovery in domestic economy, positive growth in Q3

• Business & Economy
• National News

2021 economic outlook: Rewane projects gradual recovery in domestic economy, positive growth in Q3

Admin January 22, 2021

Mr. Bismarck Rewane, Chief Executive Officer, Financial Derivatives Company Ltd, says there will be gradual recovery in domestic...

Read More

Nigeria’s 35% import duty for cars still highest within the region – Finance minister

• Business & Economy
• National News

Nigeria’s 35% import duty for cars still highest within the region – Finance minister

Admin January 22, 2021

Minister of Finance, Zainab Ahmed, has outlined some of the rationale behind the drafting of the Finance...

Read More

Massive turnout as Konga Clearance Sale kicks off with huge discounts

• Breaking News
• Business & Economy

Massive turnout as Konga Clearance Sale kicks off with huge discounts

Admin January 21, 2021

Konga online portal and Experience stores are being besieged by shoppers in a frenzy of January shopping...

Read More

Transcorp acquires 45% OML 17 from Shell, Total, ENI

• Business & Economy

Transcorp acquires 45% OML 17 from Shell, Total, ENI

Admin January 16, 2021

Heirs Holdings (HH) an affiliate of Transnational Corporation of Nigeria Plc (Transcorp) has acquired 45 per cent...

Read More

Nigeria’s Dec inflation closed on a 15.75% high, highest in 3 years – NBS

• Business & Economy
• National News

Nigeria’s Dec inflation closed on a 15.75% high, highest in 3 years – NBS

Admin January 15, 2021

The inflation rate in Nigeria closed 2020 on a high hitting 15.75 percent in December, its highest...

Read More

PIB: We need find, agree on cheaper means of producing oil – Osinbajo oil and gas stakeholders 

• Business & Economy
• National News

PIB: We need find, agree on cheaper means of producing oil – Osinbajo oil and gas stakeholders 

Admin January 14, 2021

Stakeholders in the oil industry need to find and agree on cheaper means of producing oil while...

Read More

NNPC diversifying portfolio beyond oil assets through domestic gas utilisation projects – Kyari

• Business & Economy
• National News

NNPC diversifying portfolio beyond oil assets through domestic gas utilisation projects – Kyari

Admin January 13, 2021

The Nigerian National Petroleum Corporation (NNPC) says it is currently diversifying its portfolio beyond oil assets due...

Read More

World’s richest man has no holiday home or yacht; South Africans celebrate

• Business & Economy

World’s richest man has no holiday home or yacht; South Africans celebrate

Admin January 12, 2021

South Africans are celebrating tech entrepreneur, Elon Musk, who has overtaken Amazon’s Jeff Bezos as the world’s...

Read More