Business

Emefiele: eNaira Recorded N8bn Transactions in One Year

He said the CBN is targeting a 100% cashless economy.

2 years ago

Nigeria Rallies Netherlands, Belgium to Address Quality of Petroleum Products

In February, Nigeria was thrown into a severe petrol scarcity that lasted for weeks, owing to the importation of off-spec…

2 years ago

Islamic Development Bank Approves $1.8bn Financing for Nigeria

The approval came as both parties commenced consultations to strengthen collaboration between them.

2 years ago

Nigeria Says Crude Oil to Last 60 Years, Gas 88 Years

The life index of the natural resources could increase with new discoveries.

2 years ago

Moody’s: With $41bn Oil Sales, Nigeria Got Only $5bn, Downgrades Rating

The ratings agency added that its assessment was that the developments are partly the result of weak governance and are…

2 years ago

Nigeria to Auction Two Additional 5G Licences for $547.2m

The offering includes the remaining lots of 2 x 100 megahertz (MHz) in the 3.5 GHz spectrum band to support…

2 years ago

Pfizer Says COVID-19 Vaccine Will Cost $110-$130 Per Dose

The vaccine brought in $36.78 billion in revenue last year for Pfizer and was the drugmaker’s top-selling product.

2 years ago

Relief for Nigeria as Shell Resumes Crude Oil Export at 400,000bpd Forcados Terminal

The resumption comes ahead of the October 30 schedule.

2 years ago

Nigeria: House Rescinds Decision, Okays CBN’s Planned Sale of Polaris Bank

Nigeria's House of Representatives has rescinded its earlier resolution on the ongoing sale of Polaris Bank, saying the move followed…

2 years ago

Nigeria’s Fuel Consumption Will Decline When There’s No Incentive for Excess Use, Says NNPC Chief Kyari

He said The product is being subsidised to the tune of over N253 per litre.

2 years ago