Tochukwu Chukwu
- Business , News
- February 11, 2021
- 125 views
Investors lose N426bn as 37 stocks post decline
Investors in the nation’s stock market lost N426bn on Wednesday as 37 firms recorded price decline. The market extended its losing streak to the eighth straight trading session amid negative…
- Business , News
- February 11, 2021
- 116 views
Nigeria loses N189.90bn to gas flaring in 11 months
Nigeria lost an estimated N189.90bn from January to November 2020 as international oil companies and local players flared a total of 178.95 billion standard cubic feet of natural gas. The…
- Business , News
- February 11, 2021
- 137 views
Fiscal deficit rose to N620.49bn in November – CBN
The Federal Governments’ fiscal deficit rose by N208.14bn to N620.49bn as of the end of November from N421.35bn at the end of October. The Central Bank of Nigeria disclosed this…
- Business , News
- February 11, 2021
- 162 views
Again, Emirates Airlines suspends flights from Nigeria
Emirates Airlines has suspended flights from Nigeria to Dubai for two weeks, until February 28 2021. It said travellers from both Abuja and Lagos would not be accepted for travel…
- Business , News
- February 11, 2021
- 123 views
Fuel scarcity looms as marketers disrupt fuel loading
Members of the Independent Petroleum Marketers Association of Nigeria on Wednesday disrupted loading of petroleum products at private depots in Apapa as well as Ibadan, Ejigbo and Mosimi depots belonging…
- Business , News
- February 11, 2021
- 189 views
FG plans more borrowing from domestic sources
The Federal Executive Council at its meeting on Wednesday approved a new Medium-Term Debt Management Strategy for Nigeria, for the period of 2020 to 2023. The strategy allows the government…
- Business , News
- February 11, 2021
- 162 views
CBN instructs banks to accept permissible IDs for refugees
The Central Bank of Nigeria has ordered banks and other financial institutions to accept Machine Readable Convention Travel Document issued by Nigeria Immigration Service; and the Refugee Identify Card issued…
- Business , News , Politics
- February 11, 2021
- 148 views
Foreign exchange inflow drops to $5.7bn in one month
Nigeria recorded $5.7bn foreign exchange inflow into the country in November 2020. This was a drop from $6.47bn and $7.34bn recorded in October and September respectively. The Central Bank of…
- Business , News
- February 10, 2021
- 227 views
#EndSARS: Rinu Oduala Threatens To Sue CBN — After Court Unfreezes Her Account
Rinu Oduala, a youth representative of the Lagos judicial panel on police brutality, has threatened to sue the Central Bank of Nigeria (CBN) for freezing her bank account for three…
- Business , News , Politics
- February 10, 2021
- 165 views
TUC tackles Sylva as FG says fuel price pain looms
The Trade Union Congress on Tuesday took a swipe at the Minister of State for Petroleum Resources, Chief Timipre Sylva, who told Nigerians to prepare for the pain associated with…
