The merging of Providus Bank and Unity Bank have been approved by the shareholders and Board of Directors of the two institutions. The approval was given at a court-ordered Extraordinary…
Category: Business
10 important contributors to Nigeria’s GDP in Q2 2025
10 important contributors to Nigeria’s GDP in Q2 2025 By Ige Sunday Nigeria’s economy picked up pace in the second quarter of 2025, expanding by 4.23 per cent year-on-year, a…
Maryamu Idris NNPC Trading boss named Nigeria’s OPEC national representative
Maryamu Idris NNPC Trading boss named Nigeria’s OPEC national representative By Ige Sunday Maryam Idris The Nigerian National Petroleum Company (NNPC) has announced that Maryamu Idris, managing director of NNPC…
Fertiliser and food, Nigeria imports 560,000 tonnes of fertiliser
Nigeria imports 560,000 tonnes of fertiliser and food. The Ministry of Finance Incorporated has disclosed that Nigeria imported more than 560,000 metric tonnes of fertiliser raw materials in…
NNPCL Attracts Investors Into Nigeria’s Energy Sector
The Nigerian National Petroleum Company Limited (NNPC Ltd) has urged international investors to harness the huge potentials in the Nigeria’s energy sector for business interest . Group Chief Executive Officer…
We have to adopt incentives to drive cashew industrialisation, not bans — NCAN
We have to adopt incentives to drive cashew industrialisation, not bans — NCAN By Ige Sunday ABUJA — The National Cashew Association of Nigeria (NCAN) has urged the…
Through Investigation Cooking gas price drops 17.4% to N11,875
cooking gas The average price of refilling a 12.5kg cylinder of Liquefied Petroleum Gas, LPG, otherwise known as cooking gas dropped by 17.4 percent on a month-on-month, MoM…
Not all countries print there own currency.
Hope you know that not every country prints its own money? There are various reasons why some countries adopt another country’s currency: for stability, convenience or historical reasons. Five…
PYA gives free POS Machines to beneficiaries .
The Progressive Youth Ambassadors (PYA), Ekiti State Chapter has empowered beneficiaries with POS machines to sustain their livelihood. The launching/distribution took place in Ado Ekiti. The PYA state coordinator…
External reserves hit $41bn, as Naira appreciates to N1,545/$
Nigeria’s external reserves have risen to $41.046 billion, the highest in four years, driving further appreciation of the Naira in the parallel market. Data from the Central Bank of Nigeria,…