Oil marketers have urged the Federal Government to put an end to the monopolistic privilege enjoyed by the Nigerian National Petroluem Corporation, NNPC. NNPC currently…
View More Fuel scarcity: Marketers rally against NNPC’s monopoly
Category: Business
MAN, LCCI, economists counter Buhari’s claim on economy
The Manufacturers Association of Nigeria, the Lagos Chamber of Commerce and Industry and economists on Wednesday countered the claim made by the President, Major Gen.…
View More MAN, LCCI, economists counter Buhari’s claim on economy
Bitcoin investors record losses of over $7 billion in recent market sell-off
Data from blockchain analytics firm, Glassnode, reveals that investors exited bitcoin positions worth a record $7.3 billion over the past few days, amounting to the…
View More Bitcoin investors record losses of over $7 billion in recent market sell-off
Naira closes flat at official market as FX supply crashes to $46.1 million
The exchange rate between the naira and the US dollar closed at N421.33/$1 at the Investors and Exporters (I&E) window. Naira remained stable at the…
View More Naira closes flat at official market as FX supply crashes to $46.1 million
There are signs that the mother of all economic crisis is coming soon
Going by the data from the National Bureau of Statistics Nigeria’s inflation rate for the month of May stands at about 17.71%, 11 months high.…
View More There are signs that the mother of all economic crisis is coming soon
Northern Nigeria Flour Mills Plc declares dividend payment of N0.25 kobo to shareholders
Northern Nigeria Flour Mills Plc has announced a dividend payment of N0.25 kobo per 50 kobo ordinary shares for the financial year ended 31 March…
View More Northern Nigeria Flour Mills Plc declares dividend payment of N0.25 kobo to shareholders
President of El Salvador says Bitcoin’s value will immensely grow after bear market
The President of El Salvador, Nayib Bukele, the self-proclaimed Bitcoin President who helped Bitcoin gain legal tender status in the Latin American nation, addressed the…
View More President of El Salvador says Bitcoin’s value will immensely grow after bear market
Forex greatly impacts costs of petroleum products – Cross River, oil merchant
An oil merchant in Cross River State, Uche Odigbo has lamented the ever-increasing cost of foreign exchange, which has impacted the cost of fuel and…
View More Forex greatly impacts costs of petroleum products – Cross River, oil merchant
Buhari initiates plan to eliminate use of kerosene
President Muhammadu Buhari has initiated a new plan in a revised policy to eliminate the use of kerosene in the country by 2030. Buhari…
View More Buhari initiates plan to eliminate use of kerosene
Nigeria’s local bourse continues bearish stance, declines by N196 billion
The NGX closed on a negative note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) depreciated by 69 basis points. The NGX ASI…
View More Nigeria’s local bourse continues bearish stance, declines by N196 billion