Business - Page 130

Expert Calls For Maximum Utilisation Of All Oil Wells As Production Declines Further

Wumi Iledare, has called on authorities in Nigeria's oil and gas sector to come up with drastic measures to ramp up crude oil production which is the major revenue earner for the

Victor Ezeja

8 months ago

Business·Latest News·Markets·Oil & Gas

Nigeria’s Crude Oil Production Decline Costs Country N720bn In Revenue In 2 Months

Nigeria, Africa’s largest oil producer, faced a significant revenue setback as a consequence of consecutive declines in crude oil production. The country lost about N720 billion due to a slump in production

Emmanuel Ochayi

8 months ago

Business·Latest News

Nigerian Govt Appeals For Calm Amid Electricity Tariff Hike Threats From Union Workers

The Nigerian government is urging calm in the face of escalating tensions over the recent electricity tariff hike. Amid threats of industrial action by the National Union of Electricity Employees (NUEE), the

Emmanuel Ochayi

8 months ago

SERAP Urges Tinubu To Halt Allocations To States Without Credible LGA Elections

Business·Latest News

SERAP Calls On Tinubu To Disclose Details Of Loans Obtained By Obasanjo, Buhari, Others

The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to reveal the agreements and spending specifics of loans obtained by Nigeria’s former presidents since May 1999. In a statement

Emmanuel Ochayi

8 months ago

Business·Latest News

Minimum Wage: NLC Proposes Fresh N615,000 Monthly

Organised labour in Nigeria, represented by the Nigerian Labour Congress (NLC) and Trade Union Congress (TUC), has put forward N615,000 as the proposed new minimum wage for workers across the country. This

Emmanuel Ochayi

8 months ago

Business·Latest News·Oil & Gas

Nigerian Military Cracks Down On Oil Theft, Seizes 700,000 Stolen Liters Of Crude

The Nigerian military has intensified efforts to tackle the rampant issue of oil theft in the Niger Delta region, with a recent operation resulting in the recovery of approximately 700,000 liters of

Emmanuel Ochayi

8 months ago

Business·Latest News·Markets·World News

Israel-Iran Crisis: Crude Oil Prices Will Rise Above $90 Per Barrel If Conflict persists- Analysts

Analysts predict a rise in crude oil prices beyond the $90 benchmark following Iran’s assault on Israel over the weekend. Iran’s retaliatory strike against Israel, prompted by a suspected attack on its

Emmanuel Ochayi

8 months ago

Business·Finance & Economy·Latest News

FCCPC Urges Nigerians To Report Unfair Trade Practices Amid Rising Prices Despite Falling Dollar Rates

The Federal Competition and Consumer Protection Commission (FCCPC) is calling on Nigerians to report instances of unfair trade practices amidst growing concerns over escalating prices. In a tweet, the commission emphasized its

Emmanuel Ochayi

8 months ago

Business·Latest News

CBN Drops Interest Rates On 1-year Treasury Bills By 42.4 bps To 20.7% Amidst Robust Investor Confidence

In its latest move to manage liquidity and ensure stability in Nigeria’s financial market, the Central Bank of Nigeria (CBN) conducted an auction of Treasury bills (NT-bills) on April 12, 2024. The

Emmanuel Ochayi

8 months ago

Business·Latest News

How Emefiele Instructed Collection Of $3m Cash in Tranches- Dispatch Rider Tells Court

In a twist at the Special Offences Court in Lagos, a dispatch rider, Monday Osazuwa, disclosed how he was instructed by former Central Bank of Nigeria Governor, Godwin Emefiele, to collect the

Emmanuel Ochayi

8 months ago

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Business - Page 130

Expert Calls For Maximum Utilisation Of All Oil Wells As Production Declines Further

Nigeria’s Crude Oil Production Decline Costs Country N720bn In Revenue In 2 Months

Nigerian Govt Appeals For Calm Amid Electricity Tariff Hike Threats From Union Workers

SERAP Calls On Tinubu To Disclose Details Of Loans Obtained By Obasanjo, Buhari, Others

Minimum Wage: NLC Proposes Fresh N615,000 Monthly

Nigerian Military Cracks Down On Oil Theft, Seizes 700,000 Stolen Liters Of Crude

Israel-Iran Crisis: Crude Oil Prices Will Rise Above $90 Per Barrel If Conflict persists- Analysts

FCCPC Urges Nigerians To Report Unfair Trade Practices Amid Rising Prices Despite Falling Dollar Rates

CBN Drops Interest Rates On 1-year Treasury Bills By 42.4 bps To 20.7% Amidst Robust Investor Confidence

How Emefiele Instructed Collection Of $3m Cash in Tranches- Dispatch Rider Tells Court

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