Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has said the Federation Account is witnessing improved revenue inflow since the removal of subsidy from an average…
Category: Business
Foreign exchange: Presidency Signals Dollar Hoarders on Impending Doom
The Presidency has alerted dollar speculators on shock of their lives through policies of President Bola Ahmed Tinubu’s administration and the Central Bank of Nigeria (CBN). Vice President Kashim Shettima…
Kaduna Refinery ‘ll be Ready by 2024- Lokpobiri, Kyari
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has revealed that the ongoing quick-fix project at the Kaduna Refinery and Petrochemicals Company Limited, KRPC, will be back…
NLNG Tasks FG on Gas Investment for Global Influence
CEO NLNG, Dr. Philip Mshelbila The Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Dr Philip Mshelbila, has advocated investment in Nigeria’s gas sector as an enabler…
eNaira poses no Threat to Financial Stability, says CBN
The Central Bank of Nigeria (CBN), has allayed the fears of Nigerians on the effectiveness of digital currency, this comes as the apex bank stated that the eNaira posed no…
Malicious Facebook Post: Erisco Foods fingers ‘powerful syndicate
The founder and Chief Executive Officer of Erisco Foods Ltd., Chief Eric Umeofia, says that a powerful syndicate keen on killing his company is behind the “false and malicious’’ social…
EKSG seals deal with WEMABOD on Informal Sector, Real estate development
Ekiti State Government has sealed a deal with WEMABOD Limited, a subsidiary of Odua Investment Company, on some areas of collaboration between the State and the organization. Ekiti State…
NUPRC issues ultimatum on 3% remittance to oil communities
Mr Gbenga Komolafe, CCE, NUPRC The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has threatened to revoke the licences of oil operators or settlors who failed to remit the three per…
BrandXchange Hosts Consumers Value Awards for Sensitization, Awareness on Rights, Consumerism
Adewumi Ademiju In an attempt to sensitize consumers more on their choices, rights and consumerism, a technology, sales and marketing solutions company, BrandXchange is hosting another Consumer value awards to…
NNPC secures $3bn crude oil repayment loan to stabilize naira
The NNPC Limited on Wednesday disclosed that it has signed a Commitment Letter and Term Sheet with AfreximBank for an emergency $3 billion crude oil repayment loan. The company said…