MTN Nigeria to Strengthen Operations With $1.6b In a move to deepen its network and systems in Nigeria, MTN Group on Tuesday said it plans to...
OMO Policy: Stockbrokers Scare of Possible Reversal Stockbrokers across the country are worried the Central Bank of Nigeria (CBN) may reverse the ongoing Open Market Operations...
Senate Says 7.5% VAT Increase Won’t Affect Purchasing Power The Senate has said the recently increased Value Added Tax (VAT) won’t affect the purchasing power of...
Price of Cooking Gas Increased in December A recent data by the National Bureau of Statistics (NBS) has shown that price of cooking gas (Liquefied Petroleum...
Novel Coronavirus to Hurt Oil Demand – Goldman Sachs The new coronavirus could impact global oil demand significantly in 2020, according to a projection by World’s...
CBN Raises CRR to Curtail Inflation The Central Bank of Nigeria (CBN) led Monetary Policy Committee (MPC) on Friday raised Cash Reserve Requirement (CRR) to curtail...
NBET: Discos Owe N430bn in 11 Months Power distribution companies (Discos) are owing N429.87 billion, according to the Nigerian Bulk Eectricity Trading Plc (NBET). Discos total...
Jumia to Drive Growth With Jumia Pay Jumia Group, Africa’s leading e-commerce company, has announced that it would leverage on Jumia Pay growing popularity to drive...
Stock Investors Lose N130b on Wednesday Stock investors at the Nigerian Stock Exchange (NSE) loses N130 billion on Wednesday as sell pressure persists. The market capitalisation...
Again, Nigeria’s Refineries Posted Combined N123b Loss The Nigerian National Petroleum Corporation (NNPC) said the nation’s refineries made a combined loss of N123.25 billion between January...