Business

Tinubu’s Advisory Council Recommends Raise In Capital Requirements of BDCs Operators

If this recommendation is implemented, many BDC operators may be forced to shutdown.

1 year ago

Goldman Sachs: Naira Devaluation Not Sufficient Condition for Exchange Rates Unification, Wants Clarity on FX Restrictions

It said $12bn is needed to clear FX backlog  as currency unification jerks public debt to N82 trillion.

1 year ago

Oil Marketers Demand Full Payment for Outstanding Petrol Equalisation Arrears

They said the price of a 45,000-litre truck jumped from N7m to N25m and insist no funds for new stock…

1 year ago

Shell Confirms Fresh Spill on Oil Facility in Eleme

A Shell spokesperson disclosed that the Joint Venture and other stakeholders have commenced investigation to unravel the cause of the…

1 year ago

Energy Transition: Experts Urge Government To Address Constraints To Private Sector Participation in E-Mobility Space

They also projected that Nigeria would need over $250bn annual investment in the transport sector to meet the Sustainable Development…

1 year ago

Nigeria’s Inflation Rate Rises To 22.41% Amid Fuel Subsidy Removal

This is the fifth consecutive rise in the Nigeria’s inflation rate in the year 2023.

1 year ago

Meta Faces Kenya Legal Offensive By Content Moderators

A South African initially complained about "inhumane" working conditions, deceptive hiring practises and irregular and inadequate pay.

1 year ago

Subsidy Removal: Petrol Price War Imminent in Nigeria as NMDPRA Begins Licensing Of More Oil Importers

Ahmed stated that since the market had been deregulated, marketers could begin to source for FX where it is available…

1 year ago

Vodafone, Three to Merge UK Mobile Phone Operations to Capitalize on 5G Rollout

The tie-up of Vodafone U.K. and Three U.K., which is owned by Hong Kong's CK Hutchison, would create Britain's biggest…

1 year ago

Allen Onyema: President Tinubu Should Dissolve The Charade Called Nigeria Air

He condemned the shareholding of Nigeria Air and said that even though the Ethiopians have 49% of the shareholding, they…

1 year ago