The Port Harcourt Refinery, managed by the Nigerian National Petroleum Company Limited (NNPC Ltd.) through the Port Harcourt Refining Company Limited (PHRC), resumed operations on November...
Industry stakeholders in Nigeria’s petroleum sector have revealed that the pump prices of petrol, currently hovering between N900 and N950, may further drop...
The Central processes and address redundancies, has drawn mixed reactions Bank of Nigeria (CBN) has confirmed the voluntary resignation of 1,000 staff members as part of...
The National Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has called on President Bola Tinubu’s administration to take urgent and strategic measures to...
The Federal Government of Nigeria’s deficit spending has increased sharply, rising 28% year-on-year (YoY) to ₦12.1 trillion in the first ten months of 2024, compared to...
In 2024, the Nigerian Exchange (NGX) demonstrated remarkable resilience in the face of challenging economic conditions, with the All-Share Index (ASI) achieving a 37.65% Year-to-Date (YtD)...
The Stanbic IBTC Purchasing Managers’ Index (PMI) survey for December 2024 signals a tentative recovery in Nigeria’s private sector. Improvements were recorded in business conditions, driven...
The Chief Executive Officer and Executive Vice Chairman (CEO/EVC) of the Nigerian Communications Commission (NCC), Aminu Maida, has unveiled ambitious plans to bolster the...
The Chief Executive Officer of MTN Nigeria, Mr. Karl Toriola, has called for an urgent review of tariffs in the telecom sector, citing escalating operational costs...
The naira-dollar exchange rate closed 2024 at N1,535/$1, marking a significant 40.9% depreciation for the year. This follows a 49.1% devaluation recorded in 2023. Meanwhile, the...