Chevron Nigeria Limited (“CNL”), operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and CNL (the “NNPC/CNL JV”) together with its affiliates, says...
The federal government said it approved the extension of rail construction from Lagos-Kano-Katsina to Marradi in Niger Republic for economic and commercial benefits. The Minister of...
President Muhammadu Buhari has ordered marketers of fertilisers to sell their products N5,000 per 50kg bag, even amidst the scarcity and rise in prices of farm...
By Emmanuel Nwachukwu Many will agree that the stock of digital businesses have risen tremendously in the wake of Covid-19 pandemic. The crucial role played by...
The Petroleum Products Pricing Regulatory Agency, PPPRA, blamed foreign exchange challenges and prevailing uncertainty for the inability of oil marketers to resume fuel import. Addressing newsmen...
Nigeria’s Gross Domestic Product (GDP) grew by 1.87% (year-on-year) in real terms in Q1 2020. This is according to the first quarter (Q1) GDP report, released...
There will be big geopolitical games from the mid of 2020. Members of the big 7 want to leave China and take their companies in another...
Bonny Light, one of Nigeria’s benchmark crude oil grades, traded between $12 and $13 per barrel between Monday and Friday. According to Bloomberg this price is...
Nigeria has overtaken South Africa as the biggest economy in Africa as the latter enters its second recession in two years. South Africa’s Gross Domestic Product...
Nigerians living abroad remitted about $25 billion in 2019, the Nigeria in Diaspora Commission (NiDCOM) has said. The Chairman and Chief Executive Officer of the Commission,...
The Nigeria Deposit Insurance Corporation (NDIC) has warned financial technology (Fintech) operators against disclosing their customers’ financial details without appropriate permission. Dr Kabir Katata, Deputy Director,...
The Central Bank of Nigeria (CBN) said its interventions in key products had saved the country N1.3 trillion import bill. The CBN Deputy Governor, Corporate Services,...