Nigeria’s Capital Importation Declines by 22.85% in Q2 2024
The National Bureau of Statistics (NBS) has published its report on capital importation for the second quarter of 2024, showing ...
Tag: Business
Global Oil Prices Surge Towards $80 Amid Middle East Tensions
Oil prices kept going up on Monday, with Brent crude almost reaching $80, because of growing problems in the Middle ...
NNPC Ends Exclusive Purchase Agreement with Dangote Refinery
The Nigerian National Petroleum Company (NNPC) has ended its exclusive purchase agreement with Dangote Refinery, meaning it is no longer ...
Middle East Conflict Sparks Oil Price Hike: Brent Up $1.00 to $74.56
Brent crude oil has staged a recovery in early trading today, as geopolitical tensions in the Middle East rise. Brent ...
Nigeria Settles $2.4 Billion Cash Call Debt with International Oil Companies
The Nigerian National Petroleum Company Limited (NNPC) has paid $2.44 billion to multinational oil companies, meeting its financial commitments. This ...
Middle East Tensions Spark Oil Price Surge
The rise in crude oil prices can be attributed to the rising tensions that are currently being witnessed within the ...
Petrol Landing Cost Drops to N981.08
The landing cost of premium motor spirit, commonly known as petrol, has significantly decreased from N1,130 per litre in previous ...
Toyota Ceases Sponsorship With ‘Political’ Olympics
Toyota's chairman has announced that the company will terminate its top-tier Olympics sponsorship due to the athletic event's "increasingly political" ...
Petrol Price May Hit 1,800 per litre, As Dangote Calls For Subsidy Reforms
Alhaji Aliko Dangote has called on the federal government to end the petrol subsidy to reveal the true cost of ...
Nigeria, Libya Explore Regional Gas Pipeline Project
Nigeria is currently in talks with Libya about constructing a regional gas pipeline that will link the two countries. Ekperikpe ...
Dollar, Euro and Pounds To Naira Exchange Rate For Today, September 18 2024
As of today, September 18 in Lagos, Abuja and Kano, here are the exchange rates for the Nigerian Naira (NGN) ...
Australia, UAE Seal Landmark Free Trade Deal
Australia and the United Arab Emirates (UAE) have concluded negotiations on a Comprehensive Economic Partnership Agreement (CEPA), marking a significant ...
A Game-Changer or a Drop in the Bucket? Unpacking Nigeria’s Crude Oil Naira Sales
This morning, I received some bad news: NNPC has formally invoked a "family planning" system for distributing petrol products. To ...
NATCOMS Appeals to NCC for Extension of NIN-SIM Linkage Deadline
Following ongoing issues with the National Identity Management Commission's (NIMC) portal, the National Association of Telecommunications Subscribers (NATCOMS) has made ...
The Apple Enigma: How a Rebel Became the Establishment
1984 was the year when Apple scared everyone with its Super Bowl ad, standing against conformity. Today, though it was ...
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