Business
Food price hike in Nigeria jerks inflation rate to 12.34% in April – NBS
The National Bureau of Statistics, NBS, says the Consumer Price Index, CPI, which measures inflation, increased by 12.34 per cent...
Nigeria imported 20.89bn litres of petrol in 2019 — NBS
The National Bureau of Statistics, NBS, says the country imported 20.89 billion litres of Premium Motor Spirit, PMS, also known...
NSE market capitalisation opens week with N37bn growth
The Nigerian Stock Exchange, NSE, resumed trading for the week on Monday on a positive trend, with the market capitalisation...
Nigerian govt cuts 2020 budget by N71.5bn
The Minister of Finance Budget and National Planning, Zainab Ahmed, on Wednesday disclosed that the Federal Executive Council, FEC, has...
Nigeria needs to increase local refining capacity, says IPMAN
The Independent Petroleum Marketers Association of Nigeria, IPMAN, says Nigeria needs to increase its local refining capacity to mitigate the...
NEXIM bank gets new Chairman — Official
The Nigerian Export-Import Bank, NEXIM, on Wednesday received a new Chairman of the Board of Directors of the bank, Dr Kinsley...
Crude Oil price rises above $31 as lockdown easing counter supply glut
Oil rose above $31 a barrel on Wednesday as hopes for a recovery in demand as some countries ease coronavirus...
COVID-19: NAICOM to release new insurance recapitalisation guideline
The National Insurance Commission, NAICOM, says it will release a new recapitalisation guideline for insurance and reinsurance companies after the...
Access Bank reacts to ‘planned’ sack of 75% workforce, close of branches
Access Bank Plc on Monday denied news making rounds that it would sack 75 per cent of its workforce and...
COVID-19: Afreximbank, AU postpone IATF2020
The African Export-Import Bank, Afreximbank, the African Union, AU, and the Government of Rwanda have postponed by one year the...