Business
Senate Asks Oil and Gas Firms To Relocate To Operational Bases
The Senate, yesterday, directed all multinational and Nigerian oil and gas companies to relocate to their operational bases. The decision...
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Oil Climbs To $79 as Petrol Subsidy Reaches N0.9trn
The Nigerian National Petroleum Corporation spent a total of N905.27bn on petrol subsidy in eight months amid rising global oil...
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E-naira Platform Goes Live Ahead Oct 1 Launch
The official website of the upcoming Central Bank of Nigeria’s (CBN) digital currency, the e-Naira, has gone live, exactly one...
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Buhari Halts Release of N32bn Ship Finance Fund
President Muhammadu Buhari has withdrawn his earlier approval that over $209 million and N32 billion be released to Nigerian investors...
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MAN Lament Imminent Job Losses Amid Forex Crisis
Stakeholders including the Manufacturers Association of Nigeria and the Association of Small Business Owners on Sunday lamented the worsening scarcity...
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Naira Plummets To 580 Per Dollar
The naira exchanged to the dollar at N580 on Friday, while the Pound Sterling traded for N780 at the parallel...
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Tribunal Decides Date For Ruling on Multichoice’s N1.8trn Tax Dispute
The Lagos zone of the Tax Appeal Tribunal (TAT) resolving the N1.8 trillion tax dispute between the Federal Inland Revenue...
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Naira Slopes Further To N575 Amid CBN’s Optimism
The naira lowered to N575, on Thursday, despite assurances by the Central Bank of Nigeria that there is sufficient foreign...
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NNPC Predicts Oil Price Hike as Global Gas Crisis Deepens
The Nigerian National Petroleum Corporation (NNPC) has said that the supply crisis rocking the global natural gas market, with resultant...
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Only 22% of Informal Businesses Use Internet in Nigeria, NBS Shows
A recent report, released by the National Bureau of Statistics in partnership with the United Nations Development Programme (UNDP) on...
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