British Petroleum invest $1.5bn in Egypt
Cairo, Feb. 20, 2024: Energy giant, British Petroleum (BP) plans 1.5-billion U.S. dollar new investments for development and exploration activities...
Queues mount as petrol marketers down tools
Abuja, Feb. 20, 2024: Petrol queues have appeared in some parts of Nigeria following a strike by oil transporters and...
Stock market opens week negative, down 3.15%
Lagos, Feb. 20, 2024:Transactions resumed on the Nigerian Exchange Ltd. (NGX), on Monday, on a negative posture with the market...
Bag of cement now goes for N7,000, N8,000
Abuja, Feb.20, 2024: The Federal Government and major cement manufacturers have pegged the price of 50kg bag of cement at...
FIRS targets N19.4 trn revenue for 2024
Abuja, Feb. 20, 2024: The Federal Inland Revenue Service (FIRS) has projected a revenue target of N19.4 trillion for 2024...
Nigeria’s unemployment rate increases to 5.0%
Abuja, Feb. 20, 2024:The National Bureau of Statistics(NBS) says the unemployment rate in Nigeria increased to 5.0 per cent in...
PenCom recovers N25bn unremitted pension contributions
Abuja, Feb. 20, 2024: The National PenCom Commission (PenCom) has recovered N12.93 billion unremitted contributions, imposed N12.52 billion fines on...
Foreign exchange, greed hamper poultry business
Lagos, Feb. 19, 2024: The Poultry Association of Nigeria (PAN), Lagos state chapter, has blamed the hike in price of...
China’s Central Bank adds liquidity via reverse repos
China’s Central Bank conducted 32 billion Yuan (about 4.51 billion U.S. dollars) of seven-day reverse repos at an interest rate...
Tinubu, Lula da Silva of Brazil meet, discuss bilateral ties
Nigeria’s President Bola Tinubu and President Luiz Inácio Lula da Silva of Brazil met in Addis Ababa, Ethiopia, on Sunday,...
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