As the Nigerian stock market closed in the red on Thursday, investors lost N50billion. The Nigerian…
Category: Business
Get the latest business news in Nigeria, covering markets, economy, startups, investments, finance, and entrepreneurship. Stay updated with industry trends
FG won’t allow debtors bid for oil fields- DPR
The Department of Petroleum Resources says it will not permit companies and their promoters indebted to…
Breaking: FG gives marketers free hand to fix petrol pump price
…removes fuel price cap, charges PPPRA with monthly advice on price The Petroleum Products Pricing Regulatory…
BREAKING: Buhari nominates Okonjo-Iweala Nigeria’s candidate for WTO DG
Election holds 2021 in Geneva President Muhammadu Buhari has nominated the former Minister of Finance, Ngozi…
NCDMB mediates in NNLG N970m contractual dispute with firm
The Nigerian Content Development and Monitoring Board has moved in to resolve the N970m contractual dispute…
Brent oil rises to $40 amid hopes for recovery
Oil rose on Wednesday, with Brent at $40 for the first time since March, as optimism…
Nigeria’s foreign reserves rose by $2.7bn in a month – CBN
Nigeria’s foreign reserves rose by $2.7bn in May after declining for several months, figures from the…
Coronavirus: Lufthansa posts €2.1bn net loss in Q1
German airline, Lufthansa, on Wednesday, said it would undergo “far-reaching” restructuring after posting a first-quarter net…
Nigeria suffers another power grid collapse
…as TCN restores 90% Nigeria’s electricity grid, on Tuesday, again collapsed, throwing a larger part of…
BREAKING: Buhari, AfDB president, Adesina in closed-door meeting
President of the African Development Bank, Dr. Akinwunmi Adesina, on Tuesday, met with President Muhammadu Buhari…