Ad
Nigeria's Consumer Price Index (CPI), which measures inflation has increased by 18.17% in March 2021, according to the lastest report by National Bureau of Statistics (NBS). According to the NBS, the all item inflation index (year on year basis) shot higher by 0.82% from the rate recorded in March 2020, while, on month-on-month basis, the…
April 15, 2021
Boost Renewable Funding Seven countries in Europe have committed to a plan that will see them stop public export guarantees for fossil fuel projects, raising fresh concerns for Nigeria and many countries around the world whose economies are heavily dependent on oil and other fossils. The French Finance Minister, Bruno Le Maire disclosed this in…
April 15, 2021
Oil spill from a facility operated by Shell Petroleum Development Company of Nigeria (SPDC), has reportedly once again rattled Ikarama community of Okordia Clan, Yenogoa, Bayelsa State. The incident was said to have occurred on April 9 during a routine operation on the Okordia-Rumuekpe Trunk Line located in the community. It was gathered that the…
April 14, 2021
The Debt Management Office (DMO), on Wednesday, announced the auctioning of three Federal Government, (FG) bonds of ₦150billion at N1,000 per unit. Details obtained from DMO’s website said that the three bonds were valued at N50 billion each, with interest rates of 16.29 per cent; 12.50 per cent and 9.80 per cent, respectively. It listed…
April 14, 2021
The Nigerian National Petroleum Corporation (NNPC) says it supplied 1.44 billion litres of Premium Motor Spirit (PMS) also known as petrol in January 2021. The corporation disclosed this on its Monthly and Financial Operations Report (MFOR) released in Abuja on Tuesday. “To guarantee energy security, the corporation also supplied a total of 1.44billion litres of…
April 13, 2021
The management of Dangote Cement Plc has explained why the prices of its product are higher in Nigeria than in other African countries. The Group Executive Director, in charge of Strategy, Portfolio Development and Capital Projects, Mr Devakumar Edwin, said the high cost of cement in Nigeria is due to the high exchange rate of…
April 13, 2021
Lagos state is the seventh fastest growing city in the world, with highest Gross Domestic Product (GDP) and Internally Generated Revenue (IGR) in Nigeria, Nigerian Investment Promotion Commission (NIPC) said. The commission also noted that out of the 36 states and FCT, Lagos state had N398.7 billion IGR as of 2018, N1.2 trillion budget in…
April 13, 2021
'Nigeria safer with the hypocrisy of Twitter' -- Garba Shehu ...As Akufo-Addo Hails Move Reactions have begun to trail the announcement by the microblogging platform, Twitter to establish its maiden Africa headquarter in Ghana. Twitter had on Monday stated that Ghana will house the Africa headquarters of its platform. Twitter noted that Ghana's free speech…
April 13, 2021
BUA's new sugar refinery unnecessary, Dangote Tells FG BUA Fires Back: Your claims ludicrous... Alleges Dangote of Price-fixing The acrimonious relationship between Dangote Sugar Refinery (DSR) and the BUA group has hit the rooftop, following the establishment of a new sugar refinery plant by the latter. DSR is part of the conglomerate owned by Africa's…
April 11, 2021
Advert
Ad
Nigeria's Consumer Price Index (CPI), which measures inflation has increased by 18.17% in March 2021, according to the lastest report by National Bureau of Statistics (NBS). According to the NBS, the all item inflation index (year on year basis) shot higher by 0.82% from the rate recorded in March 2020, while, on month-on-month basis, the…
April 15, 2021
Boost Renewable Funding Seven countries in Europe have committed to a plan that will see them stop public export guarantees for fossil fuel projects, raising fresh concerns for Nigeria and many countries around the world whose economies are heavily dependent on oil and other fossils. The French Finance Minister, Bruno Le Maire disclosed this in…
April 15, 2021
Oil spill from a facility operated by Shell Petroleum Development Company of Nigeria (SPDC), has reportedly once again rattled Ikarama community of Okordia Clan, Yenogoa, Bayelsa State. The incident was said to have occurred on April 9 during a routine operation on the Okordia-Rumuekpe Trunk Line located in the community. It was gathered that the…
April 14, 2021
The Debt Management Office (DMO), on Wednesday, announced the auctioning of three Federal Government, (FG) bonds of ₦150billion at N1,000 per unit. Details obtained from DMO’s website said that the three bonds were valued at N50 billion each, with interest rates of 16.29 per cent; 12.50 per cent and 9.80 per cent, respectively. It listed…
April 14, 2021
The Nigerian National Petroleum Corporation (NNPC) says it supplied 1.44 billion litres of Premium Motor Spirit (PMS) also known as petrol in January 2021. The corporation disclosed this on its Monthly and Financial Operations Report (MFOR) released in Abuja on Tuesday. “To guarantee energy security, the corporation also supplied a total of 1.44billion litres of…
April 13, 2021
The management of Dangote Cement Plc has explained why the prices of its product are higher in Nigeria than in other African countries. The Group Executive Director, in charge of Strategy, Portfolio Development and Capital Projects, Mr Devakumar Edwin, said the high cost of cement in Nigeria is due to the high exchange rate of…
April 13, 2021
Lagos state is the seventh fastest growing city in the world, with highest Gross Domestic Product (GDP) and Internally Generated Revenue (IGR) in Nigeria, Nigerian Investment Promotion Commission (NIPC) said. The commission also noted that out of the 36 states and FCT, Lagos state had N398.7 billion IGR as of 2018, N1.2 trillion budget in…
April 13, 2021
'Nigeria safer with the hypocrisy of Twitter' -- Garba Shehu ...As Akufo-Addo Hails Move Reactions have begun to trail the announcement by the microblogging platform, Twitter to establish its maiden Africa headquarter in Ghana. Twitter had on Monday stated that Ghana will house the Africa headquarters of its platform. Twitter noted that Ghana's free speech…
April 13, 2021
BUA's new sugar refinery unnecessary, Dangote Tells FG BUA Fires Back: Your claims ludicrous... Alleges Dangote of Price-fixing The acrimonious relationship between Dangote Sugar Refinery (DSR) and the BUA group has hit the rooftop, following the establishment of a new sugar refinery plant by the latter. DSR is part of the conglomerate owned by Africa's…
April 11, 2021
