Tochukwu Chukwu
- Business , News
- January 11, 2021
- 207 views
Stock market loses N80bn in first trading week
Trading activities on the floor of the Nigerian Stock Exchange closed with a loss of N80bn at the end of the first trading week of 2021. The NSE All-Share Index…
- Business , News , Politics
- January 11, 2021
- 226 views
Oil nears $56, FG may reintroduce fuel subsidy
The sustained increase in global crude oil prices has pushed up the landing cost of imported petrol closer to the current pump prices of the product in Nigeria, and appears…
- Business , News
- January 10, 2021
- 242 views
Oilfield bid round: FG to earn N7.9bn from 161 finalists
The Federal Government is estimated to generate a total revenue of N7.9bn from the 161 companies shortlisted to advance to the final stage of the marginal fields bid round launched…
- Business , News
- January 9, 2021
- 250 views
Oil revenue gets boost as price hits $55
The international oil benchmark, Brent crude, extended its gains on Friday, rising above $55 per barrel, in what is a potential boost to Nigeria’s crude oil export revenue. Brent crude,…
- Business , News
- January 7, 2021
- 217 views
Nigeria, others’ll lose $1tn oil revenue in 20 years – PwC
Nigeria and other African oil-producing countries will lose an estimated N1tn in oil export revenues over the next 20 years as prices are forecast to remain low, a new report…
- Business , News
- January 6, 2021
- 211 views
Poor investments, low revenues, others threaten Nigeria’s 2021 growth – World Bank
The World Bank has said that Nigeria’s growth is expected to resume by 1.1 per cent in 2021 from a contraction of 4.1 per cent in 2020. It also said…
- Business , News , Politics
- December 30, 2020
- 176 views
BREAKING: UGWUANYI signs 2021 budget of N169.85 billion into law
…Promises Appropriation Law will benefit Enugu State people Governor Ifeanyi Ugwuanyi of Enugu State, on Wednesday, assented to the 2021 budget bill, passed by the State House of Assembly. Assenting…
- Business , News , Politics
- December 30, 2020
- 176 views
Default on loans with collateral worsened in Q4 – CBN
The default on loans with collateral worsened in the fourth quarter of 2020, according to the Central Bank of Nigeria. The statistics department of the CBN disclosed this in its…
- Business , News
- December 29, 2020
- 316 views
Transporting containers in Lagos equals shipping cost from China – Report
The congestion at the Apapa port in Lagos has become so bad that trucking a container from the port to the mainland which is just about 20km, now costs about…
- Business , News , Politics
- December 28, 2020
- 168 views
Nigeria, a failed state under Buhari – CNG
THE Coalition of Northern Groups has warned that Nigeria is drifting into a failed state under the regime of the President, Major General Muhammadu Buhari (retd). The CNG’s Spokesman, Abdul-Azeez…
