Business

NNPC signs contract for $1.5bn Port Harcourt refinery rehabilitation

The Nigerian National Petroleum Corporation (NNPC) has signed a contract with an international company, Maire Tecnimont SpA, for the rehabilitation of the Port Harcourt...

Dorcas Tyena - April 6, 2021

Business

Dangote retains Africa’s richest position, makes more billions despite COVID

Aliko Dangote has retained his position as the richest man in Africa. Forbes latest ranking of the world’s billionaires said the owner of Dangote...

Dorcas Tyena - April 6, 2021

Business

Oil falls to $62 as COVID-19 dims demand

The international oil benchmark, Brent crude, fell the most in nearly two weeks on Monday as growing delays in Europe’s reopening and looming Iranian...

Dorcas Tyena - April 6, 2021

Business

Ghana Cedi rated best currency in Africa

Ghana's local currency has ended the first quarter of 2021 on a high note with a year-to-date appreciation of 0.6 per cent to the...

Dorcas Tyena - April 5, 2021

Business

Oil Price Boosts External Reserves’ Accretion by $404m

Nigeria’s external reserves have maintained a positive momentum in the past two weeks, rising by $404 million to $34.820 billion as of March 31,...

Dorcas Tyena - April 5, 2021

Business

Nigerian Stock Exchange suffers N67bn loss

The Nigerian Stock Exchange opened the month of April with a loss of N67 billion, amid profit taking ahead of Easter celebrations. Specifically, the market...

Dorcas Tyena - April 2, 2021

Business

Old cheque books no longer acceptable in banks- CBN

The deadline issued by The Central Bank of Nigeria (CBN) on acceptance of old cheque book, Deposit Money Banks (DMBs) in the country will...

Dorcas Tyena - April 1, 2021

Business

NBS releases list of debts owed by each Nigerian state

Nigerian states including the Federal Capital Territory are debt to the tune of N4.2tn according to the National Bureau of Statistics (NBS). With the latest...

Dorcas Tyena - March 30, 2021

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