Business

Latest News on Business, Economy, stock market, Crypto currency, Bitcoin and monetary policy in Nigeria

MTN Nigeria Loses N519bn In Six Months Due To Inflation, Weak Naira

MTN Nigeria Loses N519bn In Six Months Due To Inflation, Weak Naira

MTN Nigeria Communications Plc reported a loss after tax of $519.1 billion for the first half of 2024, due to…
Fuel Crisis Lingers As Vessels Berth At Lagos Ports

Fuel Crisis Lingers As Vessels Berth At Lagos Ports

The fuel crisis being experienced by Nigerians is yet to abate even as petrol vessels birthed at Lagos and other…
Only NNPCL Can Buy Dangote Petrol – IPMAN

Only NNPCL Can Buy Dangote Petrol – IPMAN

No oil marketer is going to buy Premium Motor Spirit, popularly called petrol, from the Dangote Petroleum Refinery and sell…
CBN Classifies Inactive 10-Year Accounts As Dormant

CBN Classifies Inactive 10-Year Accounts As Dormant

The Central Bank of Nigeria has clarified that only accounts that have been inactive for over 10 years are eligible…
NIN Linkage: Telcos Begin Final Phase Of SIM Disconnection

NIN Linkage: Telcos Begin Final Phase Of SIM Disconnection

Telecommunication companies in Nigeria have commenced the final phase of disconnecting Subscriber Identity Module numbers (telephone lines) not linked to…
NNPC Eyes Fresh $2 Billion Oil-For-Cash Loan Deal In Two Months

NNPC Eyes Fresh $2 Billion Oil-For-Cash Loan Deal In Two Months

Nigeria’s state-owned oil company, the Nigerian National Petroleum Company (NNPC), is considering securing a new $2 billion loan using crude…
Tinubu Appoints Jega Co-Chairman Presidential Committee On Livestock Reform

Tinubu Appoints Jega Co-Chairman Presidential Committee On Livestock Reform

President Bola Tinubu has offered a fresh appointment to former Chairman of the Independent National Electoral Commission (INEC), Professor Attahiru…
Cattle Movement By Rail To Resume Soon – NRC

Cattle Movement By Rail To Resume Soon – NRC

The railway corporation said rail services for the movement of cows and other goods would resume with the Warri-Itakpe route,…
Fuel Scarcity Looms As Depots Raise Petrol Price To ₦‎720/Litre

Fuel Scarcity Looms As Depots Raise Petrol Price To ₦‎720/Litre

Fuel scarcity is gradually surfacing in Lagos and other parts of the country as private depot owners hiked the ex-depot…
CNG 40% Cheaper Than Petrol, 100 Stations Coming – NNPC

CNG 40% Cheaper Than Petrol, 100 Stations Coming – NNPC

The use of Compressed Natural Gas in automobiles is 40 per cent cheaper than using Premium Motor Spirit, popularly called…
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