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6 Uncomplicated Ways to Get Studying Fun

  • July 26, 2020
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Acestea sunt semne bune că vor oferi mult

  • July 28, 2021
Naira falls N777 against dollar after CBN announcement
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Investment commission pledges FDI support to improve Nigeria’s

  • March 6, 2022
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Nigeria’s gas revolution will lift West Africa’s energy

  • March 6, 2022

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Naira trades at ₦1,845/€ on Easter Monday

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S’Korea uncovers ‘Made in Korea’ breaches intended to bypass

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FG to enhance power grid by 4,000MW – Adelabu

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Oil prices slip amid trade war concerns, US-Iran nuclear

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Tag: Nigeria

Logo of the International Air Transport Association
Business

Foreign airlines stranded funds hit $743m

The International Air Transport Association revealed on Tuesday that the foreign airline funds trapped in Nigeria have increased from $662m in January 2023 to $743,721,09. This was according to a letter addressed to the Minister of Aviation, Hadi Sirika, and accessed by The Punch. The letter was signed by the Area Manager West and Central […]

Logo and the photo of the Central Bank of Nigeria's building
Business

CBN holds MPC meeting March 20, 21

The Central Bank of Nigeria has on Tuesday announced the date for its 290th Monetary Policy Committee meeting. According to the announcement, it is a two-day meeting and it will be held on March 20 and 21, 2023 in Abuja. This was revealed in a post on the CBN’s verified Twitter account accessed by AmBusiness […]

Asset
Business

Group target ‘ambitious’ N30trn asset in 30 years

Lancelot Group has announced its  projections to grow its assets to N10tn in the next 30 years. The Group Executive Chairman Mr Adebayo Adeleke, said this in a statement during a lunch event organised in commemoration of the the 30 years anniversary of the Group Ventures Limited in Ikeja, Lagos. Lancelot Group operates in the […]

Charcoal
Business

Group to enlighten charcoal producers on tree planting

The National Charcoal Producers, Dealers and Exporters Association of Nigeria plans a consultative meeting with government agencies to enlighten charcoal stakeholders on the importance of afforestation, known as tree planting. The association disclosed this on Sunday in a statement accessed by the News Agency of Nigeria in Abuja. The National President of the association, Mr […]

NCC, Telecom operators urge states to review policies for broadband expansion
Business

Telcos lost 12 million subscribers in 2021 over NIN-SIM linkage 

Telecommunication companies lost a total of 12 million internet subscribers in 2021 owing to the policy of  National Identification Number and SIM linkage.   This was according to the Nigerian Communications Commission in its latest report released on Friday titled, “2021 subscriber/network data annual report.”   The report revealed that internet subscribers in 2021 declined […]

Controversy as Seplat disputes ExxonMobil deal cancellation
Business

Seplat Energy boss Brown resigns after court order

The Chief Executive Officer of Seplat Energy PLC, Roger Brown, has stepped down from his job following the court’s order restraining him from running the organisation for seven days. A statement signed by the Chairman of the board of Seplat, Basil Omiyi, on Friday, reveealed that Brown has  given authority to the Chief Operating Officer, […]

Business

Shell’s oil production drops over insecurity, theft – Report

One of the global energy giants, Shell has said its production in Nigeria dropped by a quarter in 2022 as it continues to fight insecurity and crude oil theft. This was disclosed in the organisation’s annual report released on Thursday accessed by BusinessDay. According to the report, the company said its share of production, onshore […]

Naira and Dollar displayed
Business

Naira gains against dollar at investors, exporters window

  The naira appreciated further on Thursday as it exchanged at N461 to the dollar at the Investors and Exporters’ window. A report by the News Agency of Nigeria accessed from The Punch states that there was an increase of 0.05 percent when comparing it to the N461.25 exchange rate on Wednesday. Meanwhile, the open […]

NNPCL moves to sell shares, seeks strategic partners
Business

NNPCL distributes 339m litres of petrol to 63 deports

The Nigerian National Petroleum Company Limited has said that 63 deports across the country have altogether received a total of 339 million litres of petrol in seven days. From the data obtained by The Punch from NNPCL and the Nigerian Midstream and Downstream Petroleum Regulatory Authority, the distribution was made to states with Lagos, Delta, […]

Stock Market analysis
Business

Nigeria Stock Market rebounds, gained N107bn

The Nigerian Exchange Limited rebounded again as investors gained N107 billion on Wednesday despite the market’s recorded N1bn loss on Tuesday. The Punch reported that the All-Share index appreciated by 0.35 percent to 55,801.14 and market capitalization increased by 0.35 percent also to N30.397 trillion. Meanwhile, the ASI has moved 4,205.48 points since the start […]

FG owes N100bn electricity bill debt - Distributors
Business

Nigeria secures China funding to fix national grid

The Transmission Company of Nigeria has signed an agreement with a group of Chinese companies to secure funding for the improvement of the strained  National grid. BusinessDay reported that the statement was according to the head of TCN, Sule Abdulaziz at the Middle East Energy Conference, on Tuesday, in Dubai. During a panel session at […]