World food prices rose for a third month running in August, led by coarse grains, vegetable oils and sugar, the United Nations…
Business News Report
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Private sector involvement in a debt relief scheme for African countries could prove positive in the long-run if it encourages investment and…
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EconomyBusinessNewsOil and Gas
Petrol: Motorists, commuters groan as marketers implement new pump price in Lagos
Motorist and commuters in Lagos have decried the increment in pump price of Premium Motor Spirit (PMS), following the new ex-depot price…
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The pump price of petrol has been increased to N151.56 per litre with effect from September 2, 2020. This was disclosed in…
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The Department of Petroleum Resources (DPR) has generated a total sum of N673.7 billion in the first half of this year. Its…
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The Nigerian Stock Exchange’s (NSE) key market indices on Wednesday appreciated further by 0.18 per cent due to sustained bargain hunting. Consequently,…
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Oil and GasNews
Nigeria aims to be net exporter of petrol over next two-years as BUA picks Axens for refinery project
Nigeria aims to become a net exporter of petrol and other petroleum products over the next two years as oil refinery projects…
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Business growth executive, Stjepan Udovicic, has been appointed the Chief Commercial Officer of 9mobile by the Board of Directors of Emerging Markets…
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The stock market sustained previous day’s positive performance as gains in NIGERIAN BREWERIES (+5.4%), UBA (+4.8%) and ETI (+6.4%) drove the benchmark…
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The Dawn Project has commenced the planting of over 250 carefully selected indigenous trees in and around Lagos as it fights climate…
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Total domestic and foreign portfolio investment (FPI) transactions in Nigeria as at 31 July 2020, fell by 19.92 per cent from N128.88…
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Nigeria Accident Investigation Bureau , AIB has confirmed that the Bell 206 Helicopter operated by Quorum Aviation which crashed last week Friday…
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Federal Competition and Consumer Protection Commission (FCCPC) said it has opened an investigation into the conduct of dominant Pay TV service providers…
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Nigeria National Petroleum Corporation NNPC, said it recorded a N5.34 billion cost for fuel in June, months after it changed its pricing…
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FinanceBusinessEconomyNews
CBN sets minimum capital of N5bn for mobile money licences, to operate in rural areas
Central Bank of Nigeria CBN said it will grant more licences for payment service banks but set a minimum capital base of…