Ad
The International Monetary Fund has added a dose of optimism to oil markets by revising its global economic growth outlook to reflect a lowered risk of a slowdown. In its latest monthly World Economic Outlook, the lender said that it expected inflation to peak and the global economy to grow by 2.9% this year. While…
January 31, 2023
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), has urged the Federal Government to revoke licences of oil marketers selling above approved pump price of Premium Motor Spirit (PMS). PENGASSAN said the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) should immediately mobilise its staff in various locations nationwide to monitor compliance…
January 31, 2023
Says Apex Bank Has Massively Supplied New Notes The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele has dismissed reports claiming the apex bank has been hoarding the new naira notes days before the expiration of the January 31st deadline. Speaking at a media briefing in Jos, Emefiele, CBN governor, said the apex bank has…
January 26, 2023
The UK government on Wednesday said it had cut tariffs and extended duty free trade in goods exported from Nigeria Mr Ben Llewellyn-Jones, Deputy British High Commissioner to Nigeria said this at the launch of the Developing Countries Trading Scheme (DCTS) which took place at Eko Hotel and Suites, Victoria Island, Lagos. Llewellyn-Jones said the…
January 26, 2023
Despite mounting concerns among Nigerians over the scarcity of the new Naira notes in parts of the country, the Central Bank of Nigeria has insisted that there is no going back on the January 31 deadline for the old 200, 500 and 1,000 naira notes. The CBN Governor Godwin Emefiele made this position known while…
January 24, 2023
...Lekki Deep sea port roars to life As president observes historic offloading from container ship. Commissions rice mill, Bestaf lubricant plant --first-of-its-kind in West Africa. ...Chinese Ambassador: Lekki Deep sea proof investment climate in Nigeria can be trusted. President Muhammadu Buhari on Monday officially inaugurated the Lekki Deep Sea Port located in Itoke village, Ibeju-Lekki,…
January 23, 2023
China likely accelerated the pace of crude oil stockpiling last year. Since China doesn’t report crude oil inventories, it’s all guesswork as to just how much crude the country has stashed over the past year. IEA: China’s reopening is set to drive global oil demand to a record high of 101.7 million barrels per day…
January 23, 2023
Meta Platforms Inc., the parent company of social media applications, Facebook, Instagram and WhatsApp, said extra measures have been put in place to ensure the safety and security of the Nigerian Public and the integrity of the 2023 electoral process during the polls. At its Africa Headquarters on Victoria Island Lagos, Tuesday, Meta, during its…
January 18, 2023
With less than two weeks to the expiration date of the old naira notes, the Central bank of Nigeria, CBN embarked on an enlightenment campaign to educate traders on the need to begin to accept the new banknotes as legal tender for their daily transactions at the popular Ogbe Ogonogo market in Asaba, Delta state…
January 18, 2023
Advert
Ad
The International Monetary Fund has added a dose of optimism to oil markets by revising its global economic growth outlook to reflect a lowered risk of a slowdown. In its latest monthly World Economic Outlook, the lender said that it expected inflation to peak and the global economy to grow by 2.9% this year. While…
January 31, 2023
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), has urged the Federal Government to revoke licences of oil marketers selling above approved pump price of Premium Motor Spirit (PMS). PENGASSAN said the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) should immediately mobilise its staff in various locations nationwide to monitor compliance…
January 31, 2023
Says Apex Bank Has Massively Supplied New Notes The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele has dismissed reports claiming the apex bank has been hoarding the new naira notes days before the expiration of the January 31st deadline. Speaking at a media briefing in Jos, Emefiele, CBN governor, said the apex bank has…
January 26, 2023
The UK government on Wednesday said it had cut tariffs and extended duty free trade in goods exported from Nigeria Mr Ben Llewellyn-Jones, Deputy British High Commissioner to Nigeria said this at the launch of the Developing Countries Trading Scheme (DCTS) which took place at Eko Hotel and Suites, Victoria Island, Lagos. Llewellyn-Jones said the…
January 26, 2023
Despite mounting concerns among Nigerians over the scarcity of the new Naira notes in parts of the country, the Central Bank of Nigeria has insisted that there is no going back on the January 31 deadline for the old 200, 500 and 1,000 naira notes. The CBN Governor Godwin Emefiele made this position known while…
January 24, 2023
...Lekki Deep sea port roars to life As president observes historic offloading from container ship. Commissions rice mill, Bestaf lubricant plant --first-of-its-kind in West Africa. ...Chinese Ambassador: Lekki Deep sea proof investment climate in Nigeria can be trusted. President Muhammadu Buhari on Monday officially inaugurated the Lekki Deep Sea Port located in Itoke village, Ibeju-Lekki,…
January 23, 2023
China likely accelerated the pace of crude oil stockpiling last year. Since China doesn’t report crude oil inventories, it’s all guesswork as to just how much crude the country has stashed over the past year. IEA: China’s reopening is set to drive global oil demand to a record high of 101.7 million barrels per day…
January 23, 2023
Meta Platforms Inc., the parent company of social media applications, Facebook, Instagram and WhatsApp, said extra measures have been put in place to ensure the safety and security of the Nigerian Public and the integrity of the 2023 electoral process during the polls. At its Africa Headquarters on Victoria Island Lagos, Tuesday, Meta, during its…
January 18, 2023
With less than two weeks to the expiration date of the old naira notes, the Central bank of Nigeria, CBN embarked on an enlightenment campaign to educate traders on the need to begin to accept the new banknotes as legal tender for their daily transactions at the popular Ogbe Ogonogo market in Asaba, Delta state…
January 18, 2023
