Business

Nigeria’s Central Bank Hikes Interest Rate To 18.75%

CBN’s decision is the first monetary policy decision made by the committee since the Bola Tinubu administration took office on…

1 year ago

Nigeria: Petrol Prices May Rise Further As Goldman Sachs Predicts Crude Oil To Hit $86

The investment bank said it expects the record demand in oil markets to drive crude prices higher in the near…

1 year ago

Nigerian Lawmakers Vow To Recover $9bn Gas Flaring Fines Imposed on Oil Companies

DG of NOSDRA, Mr. Idris Musa, said the penalties were to serve as deterrent and recommended that the penalties should…

1 year ago

FCCPC Warns PoS Operators Against Unjust, Exploitative Charges

The Commission said it encourages a pricing methodology that is the product of market forces in a free, competitive and…

1 year ago

Nigeria’s Tax on Sugary Drinks Will Reduce Healthcare Spending, Boost Revenue, Says Varsity Don

Anumah stated that the shift in food culture caused a rapid increase in obesity and diet-related chronic diseases.

1 year ago

Fitch: Nigeria’s Inflation To Average 25.1% in 2023 as Poverty Rate Spikes

“We project that real GDP growth in Nigeria will slow to 2.7 per cent in 2023, down from 3.3 per…

1 year ago

Bismarck Rewane: Those Running Nigeria’s Monetary Policy Should Advise Tinubu Better  

He said they have to differentiate between symptoms and causes.

1 year ago

Rakolojane: Online Visa Application Makes It Easier For Nigerians To Visit South Africa 

"You can travel and go about your business without the old system where you had to go and drop off…

1 year ago

NNPC Resumes Remittance into Federation Account

It remitted N123 billion as interim dividend and Production Sharing Contracts after exiting the fuel subsidy regime following its removal…

1 year ago

Brian Amonu: Compressed Natural Gas Safer Substitute For Petrol

He said CNG has been used in Edo state for over 15 years without any incident.

1 year ago