Business

Naira depreciates to 410/$ at official market

The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has said the naira has depreciated at the official market to 410 against...

Dorcas Tyena - February 27, 2021

Business

Nigeria loses N151.78bn crude oil monthly – NNPC

Nigeria is currently losing an average of 200,000 barrels of crude oil daily, the Nigerian National Petroleum Corporation stated on Wednesday. Brent, the oil against...

Dorcas Tyena - February 25, 2021

Business

How Nigeria can be restructured- AfDB President, Adesina

Former Minister of Agriculture and President of the African Development Bank, Dr. Akinwumi Adesina has said that Nigeria’s restructuring should be driven by economic...

Dorcas Tyena - February 24, 2021

Business

Oil price Slides Down At International Market

Oil prices slid by up to 2% in early trade on Friday, adding to overnight declines, on worries that refineries will take time to...

Dorcas Tyena - February 19, 2021

Business

Nigeria exits recession

Nigeria’s economy grew by 0.11 percent in the fourth of 2020 to force the country out of recession. This comes after two consecutive quarters of...

Dorcas Tyena - February 18, 2021

Business

False Declaration: Shell To Refund 2m Barrels Of Oil to Nigeria

Shell Petroleum Development Company of Nigeria Limited (SPDC), a subsidiary of Royal Dutch Shell, will refund about 2.1 million barrels of crude oil from...

mediagem - February 18, 2021

Business

NNPC rules out fuel price increase

The Nigerian National Petroleum Corporation (NNPC) has again ruled out any increment in the ex-depot price of Premium Motor Spirit (petrol) in February, 2021. This...

mediagem - February 18, 2021

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