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Business News
Again, Naira appreciates against dollar, now exchanges for N460/1$
The Naira on Friday sustained its gains against the dollar as liquidity boost by the Central Bank of Nigeria (CBN)...
Read moreCBN re-introduces charges on cash deposits, withdrawals above N500,000
The Central Bank of Nigeria, CBN on Thursday announced the re-introduction of bank charges on cash deposits and withdrawals above...
Read moreFG targets 30% of expenditure on infrastructure, up from 10%
The Minister of Finance, Mrs. Kemi Adeosun has said the Federal Government is taking cogent steps to improving the economy...
Read moreOPEC, non-OPEC countries cut output to boost oil prices
The Organisation of the Petroleum Exporting Countries (OPEC) and non-OPEC countries have implemented 86 per cent of agreed output cuts,...
Read moreReps summon Emefiele over alleged $17bn undeclared oil sales
The House of Representatives ad hoc Committee investigating the alleged stolen 17 billion dollars oil and gas sales on Thursday...
Read moreNaira appreciates at black market, now exchanges for N501/1$
The central bank of Nigeria (CBN) new foreign exchange policy actions introduced has made visible impact on the exchange...
Read moreDPR to destroy 1.5m liters of adulterated fuel
The Department of Petroleum Resources (DPR) has concluded plans to destroy 1.5 million contaminated off-specification (Off-Spec) petroleum products discharged...
Read moreOsinbajo writes NASS, seeks approval of $500m Eurobond to fund 2016 budget
Acting President, Prof Yemi Osinbajo has written to the National Assembly, seek ing its approval to issue a Eurobond...
Read moreLadi Balogun steps down as FCMB GMD, to be replaced by Adam Nuru
The First City Monument Bank Group (FCMB Group) on Tuesday announced a change in its leadership cadre effective from March...
Read moreImportation of fuel will end by 2019, NNPC insists
The Nigeria National Petroleum Corporation (NNPC) on Wednesday said it planned to rehabilitate, revamp and upgrade all the refineries so...
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