Business

IMF cuts global growth, retains Nigeria’s forecast The International Monetary Fund (IMF) in its latest report titled ‘Gloomy and more uncertain’ on Tuesday cut its global economic growth forecast for 2022...

Central bank speaks on stand on illicit conversion of currency The Central Bank of Nigeria (CBN) has clarified the statement made by the Governor, Godwin Emefiele, at Tuesday’s post-Monetary Policy Committee...

  ND Western Hinges decarbonisation on sustainable energy solutions  Independent Nigerian oil and gas company, ND Western Limited has expressed its commitment to sustainable energy solutions, in its bid to...

Uncertainties as CBN raises interest rate again The Monetary Policy Committee of the Central Bank of Nigeria (CBN)on Tuesday again raised the Monetary Policy Rate from 13 per cent to 14...

NNPC Limited approve new petrol pump price Amidst the on going fuel price crises, the Nigerian National Petroleum Company (NNPC) Limited has approved a new petrol pump price after weeks of...

NNPC's transition to commercial entity:  Buhari declares body now free from institutional regulations President Muhammadu Buhari on Tuesday declared that the new Nigerian National Petroleum Company Limited (NNPC) was henceforth...

Customers pay N193.53bn to Discos amid poor power supply, blackouts Amidst the current blackout and epileptic   power supply in the country, the Nigerian Electricity Regulatory Commission on Monday announced that...

Nigerians lament as food inflation hits 20.60% Nigerians in Lagos markets have lamented over soaring prices of food items as Nigeria’s food inflation figures again continued its upward rise, moving from...

Again, crude oil price hits over $100/barrel The price of crude oil rose above the $100 mark on Sunday hitting $101.16/barrel after trading around $98/barrel since Tuesday, just as oil marketers...

NNPC Stops Exxon Mobil’s asset sale to Seplat The Exxon Mobil Corporation's proposed sale of its assets in Nigeria to Seplat Energy Plc has been blocked, following a case filed...