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Economy

Naira Stabilisation: NEC Confirms CBN Will Deploy $3Bn Loan

By Ayo Yusuf The National Economic Council on Thursday confirmed that the $3bn emergency loan-for-crude oil the Federal Government secured in August would be deployed...
Business

UK Cuts Tariffs on Nigerian Exports

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...
Business

Depositors Besiege Banks With Bags Filled With Old Naira Notes As CBN Alerts On Jan. 31st Deadline

Despite earlier intervention by the Nigerian Senate, seeking an extension of the January 31st deadline for the phasing out of the old banknotes to...
Business

El-Rufai Blasts: Why Nothing Has Changed In NNPCL Since Name Change

Says Govt Should Get Out Of Company, Oil Sector Despite a change in its nomenclature, nothing has changed in terms of value addition and...
Economy

Fears Of Economic Slowdown Cap Crude Prices

The oil market is currently very much focused on the bearish signals, with prices reflecting fears of slowdown in China, a slowdown or...
Economy

OPEC Upbeat On Global Economic Growth

Global economic growth is set to remain robust at 3.1% this year and another 3.1% next year, OPEC said on Tuesday in a forecast...
Business

We’ll Support Nigeria To Remove Fuel Subsidy, W’Bank President Tells Osinbajo

The World Bank Group has stated that the international financial institution is ready to support Nigeria in phasing out regressive fuel subsidies, while increasing...
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