Business - Page 99

World Bank Approves $2.25bn Loan For Nigeria’s Economic Stability

The Federal Government of Nigeria has secured a loan from the World Bank, receiving a total of $2.25 billion. This funding, announced by the international lender on Thursday, is part of two

Emmanuel Ochayi

6 months ago

NNPC Seeks New $2 Billion Oil-Backed Loan To Boost Finances

Business·Latest News·Oil & Gas

NNPCL Seeks Judicial Support To Combat Crude Oil Theft, Pipeline Vandalism

The Chief Executive Officer of the Nigerian National Petroleum Corporation Limited (NNPCL), Mr. Mele Kyari, has called on the judiciary to play a crucial role in addressing the persistent issues of crude

Emmanuel Ochayi

6 months ago

Africa·Business·Latest News

ShafDB Secures Support From African Ministers For Capital Raising Initiatives

African ministers of housing, urban planning, and development have pledged to support capital-raising initiatives by the Shelter Afrique Development Bank (ShafDB). This commitment was made during the 43rd Annual General Meeting of

Emmanuel Ochayi

6 months ago

Nigerian Govt pushes N62,000 pay Despite Labour’s opposition, Says N250,000 Minimum Wage Demand Unsustainable

Business·Latest News·Politics

Minimum Wage: Labour Denies Tinubu’s Claim On Agreement, Insists On N250,000

In a statement on Wednesday, the acting President of the Nigeria Labour Congress (NLC), Prince Adewale Adeyanju, announced that no agreement was reached by the Tripartite Committee on the National Minimum Wage

Emmanuel Ochayi

6 months ago

CBN’s FX Market Intervention Falls Short As Naira Struggles To Gain Ground

Business·Latest News·Markets

Naira Gains Against Dollar As Market Awaits US Inflation Data

The naira made some gains against the US dollar as the dollar index moderated. Market players are awaiting the release of America’s inflation data and the Federal Reserve’s interest rate decision later

Emmanuel Ochayi

6 months ago

Inflation Control: CBN Governor Defends Interest Rate Hike As Crucial For Economic Stability

Business·Latest News

Monetary Policy Tightening May Not Curb Inflation- World Bank Warns CBN

The World Bank has cautioned that the Central Bank of Nigeria’s (CBN) aggressive monetary policy tightening may fail to control inflation and pose a significant risk to Nigeria’s economic growth. This warning

Emmanuel Ochayi

6 months ago

Petrol Landing Cost Price Now At N1,117/litre, MEMAN Reveals

Business·Latest News·Oil & Gas

Petrol Importation Cost Rise By 31.4% Amid Reduced Consumption In Nigeria

Nigeria’s spending on petrol importation has increased, despite a substantial drop in the country’s consumption rate. Reports from the Nigeria Bureau of Statistics (NBS) reveal that N2.63 trillion was spent on importing

Emmanuel Ochayi

6 months ago

Business·Latest News

Nigeria’s Oil Production Drops To 1.2mbpd Despite Government Claims- OPEC

Nigeria’s daily oil production dipped further to 1.25 million barrels per day (mbpd) in May, according to a report by the Organisation of the Petroleum Exporting Countries (OPEC). This contradicts recent claims

Emmanuel Ochayi

6 months ago

Nigerian Democracy @ 25: A Celebration or a Charade?

Business·FEATURES·Latest News·Politics

Democracy Day: Is Nigeria @ 25 A Celebration Or Charade?

As Nigeria marks 25 years of uninterrupted democracy, since the 1999 transition from military rule, the nation reflects on an inspiring yet challenging journey. The Nigerian democratic experience stands out in a

Emmanuel Ochayi

6 months ago

Dangote Refinery: Fueling Nigeria's Economic Resurgence or Monopoly Menace?

Business·Latest News·Oil & Gas

Mixed Reaction As Dangote Refinery Postpones Petrol Supply To July 15

Dangote Refinery has announced that its plan to release Premium Motor Spirit (PMS) into the market this month, will no longer be possible, leading to diverse reactions from Nigerians. The President of

Emmanuel Ochayi

6 months ago

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Business - Page 99

World Bank Approves $2.25bn Loan For Nigeria’s Economic Stability

NNPCL Seeks Judicial Support To Combat Crude Oil Theft, Pipeline Vandalism

ShafDB Secures Support From African Ministers For Capital Raising Initiatives

Minimum Wage: Labour Denies Tinubu’s Claim On Agreement, Insists On N250,000

Naira Gains Against Dollar As Market Awaits US Inflation Data

Monetary Policy Tightening May Not Curb Inflation- World Bank Warns CBN

Petrol Importation Cost Rise By 31.4% Amid Reduced Consumption In Nigeria

Nigeria’s Oil Production Drops To 1.2mbpd Despite Government Claims- OPEC

Democracy Day: Is Nigeria @ 25 A Celebration Or Charade?

Mixed Reaction As Dangote Refinery Postpones Petrol Supply To July 15

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