September 2,2022 The Nigerian National Petroleum Company (NNPC) has failed to sell enough crude oil to offset its petrol subsidy debt to oil marketers in Nigeria. Data obtained from NNPC’s
Read MoreSeptember 2,2022 The World Bank Group’s President, David Malpass, has stated that the bank is prepared to assist Nigeria in phasing off regressive fuel subsidies while enhancing social assistance for
Read MoreFBN Insurance Limited, Nigeria’s leading life insurer, has appointed Dr. Femi Oyetunji as its new chairman, and Alhaji Mohammed Borodo as an Independent Non-Executive Director. Dr. Oyetunji has over 30
Read MoreFildelity Bank Plc on Wednesday announced N25.08billion profit before tax in its half year ended June 30, 2022 audited results, a 21.57 per cent rise from N20.63 billion reported in half
Read MoreAfrica’s Global Bank, the United Bank for Africa (UBA) Plc and MFS Africa, Africa’s largest digital payments hub, have announced a partnership that will see both institutions offer innovative and
Read MoreAugust 31,2022 Nigeria Air, a national project in the aviation sector in the country has been aborted for the fifth time after 14.6 billion naira was spent by the Federal
Read MoreAugust 31,2022 The Nigeria National Petroleum Corporation Limited will have the first right of refusal to supply the Dangote refinery with about 300,000 barrels of crude oil per day for
Read MoreTwenty-eight sectors of the economy declined in the second quarter of 2022 as real Gross Domestic Product shrunk by N63.49bn quarter-on-quarter. While real GDP grew by 3.54 per cent year-on-year
Read MoreTuesday, August 30,2022 Nigerian currency suffered another heavy loss on Monday at the unofficial market, but was stable at the official market. Data obtained from FMDQ OTC Securities Exchange, a
Read MoreAugust 30,2022 Federal Government has stressed that fuel subsidy will remain unchanged till mid 2023, ahead of next year’s budget presentation According to the Minister of Finance, Zainab Ahmed, the
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