OPEC cuts October production quota as Euro gas prices jump
The Organization of Petroleum Exporting Countries (OPEC) and allies, has agreed to cut production by 100,000 barrels per day (bpd)…
CBN release $265m to clear ticket sales
Following threats by foreign airlines to trim flights or totally shut down their operations in Nigeria, the Central Bank of…
SEC vows to punish dividends shy shareholders
The Securities and Exchange Commission (SEC), says it will sanction stakeholders whose actions are frustrating its efforts toward reducing the…
Ghana, Nigeria boost MTN half year earnings
South African mobile operator MTN Group said on Thursday its first-half earnings surged 46.5 per cent. According to MTN Chief…
Polaris Bank healthy not yet sold—NDIC
Nigerian Deposit Insurance Corporation has debunked media reports that Polaris Bank has been sold. According to NDIC Managing Director, Mr…
Agency overrules Buhari on ExxonMobil/Seplat deal
Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has affirmed that status quo remains in respect to ExxonMobil/Seplat Energy share acquisition. NUPRC…
More crude oil sales will rebound naira–Uzodinma
Imo State governor Hope Uzodinma believes that battered naira will rebound if the country can pump more crude oil for…
ABCON warns FG on free-falling Naira
Association of Bureaux De Change Operators of Nigeria (ABCON), has called on the Federal Government and the Central Bank of…
Bread Producers Threaten Strike Over Price Hike In Bakery Materials
Bread Producers Threaten Strike Over Price Hike In Bakery Materials The bread producers said the increase in price of bakery…
Nigerians to pay more for beverages as FG enforces N10 per litre tax
Nigerians to pay more for beverages as FG enforces N10 per litre tax In its bid to combat non-communicable diseases,…