Business
Nigerians worry more about rising prices of commodities, not budgetary arithmetic — Rewane
Renowned economist and Managing Director/CEO, Financial Derivatives Company Ltd, Mr Bismarck Rewane, has said many Nigerians are not interested in the budgetary figures...
2024 budget: Oil benchmark fixed at $77.96, exchange rate of 750 to dollar
President Bola Tinubu on Wednesday announced an oil benchmark of $77.96 and the Naira at N750 to a dollar for the 2024 of...
Nigeria’s debt may climb above $51.75bn as FG plans to borrow N7.8trn for 2024 budget deficit
President Bola Ahmed Tinubu said on Wednesday that his government will finance the 2024 budget with N7. 8 trillion loan. Persecondnews reports that...
Old, new Naira notes to co-exist till further notice, Supreme Court rules
The Supreme Court on Wednesday ordered that the old N200, N500, N1000 notes should continue to co-exist with the new notes until further...
Solid Minerals Minister, Alake, dangles carrot before investors in London
The Minister of Solid Minerals Development, Mr Dele Alake, has asked foreign investors to take advantage of low cost of production in Nigeria’s...
Beware of ATM card-swap fraudsters, EFCC alerts Nigerians
The Economic and Financial Crimes Commission (EFCC) has alerted Nigerians to Automated Teller Machine (ATM) card-swapping fraudsters at ATM locations and Point of...
FG pledges 5bn cubic feet of gas supply to domestic, export markets
The Federal Government has pledged five billion cubic feet of gas per day to domestic and export markets. Persecondnews reports that with this,...
CBN set for recapitalization of the nation’s banks
The CBN Governor, Dr. Olayemi Cardoso, announced this at the 58th Annual Bankers Dinner by the Chartered Institute of Bankers of Nigeria (CIBN)...
Nigeria’s economy grows by 2.54% in Q3 – NBS
The Nigerian economy has recorded growth by 2.54 percent in the third quarter of 2023, according to the latest report from National Bureau...
We have recorded over N1trn monthly revenue inflow since subsidy removal, says FG
The Federation Account has seen an increase in income inflow of more than N1 trillion since the removal of petrol subsidies, the Minister...
Concrete roads: Cement prices may hit N9,000, says manufacturers
The Cement Producers Association of Nigeria (CPAN) has expressed concerns over the federal Government’s plan to use cement to build concrete roads across...
Nigeria’s GDP set to grow by $3bn as NNPCL, Indorama seal pact on gas supply
In its bid to reposition Nigeria as one of the largest producers of Urea in the western hemisphere, the Nigerian National Petroleum Company...
Again, Nigeria’s inflation soars to 25.80 percent in August, NBS reveals
Nigeria’s headline inflation rate for August 2023, rose to 25.80 percent, marking a 1.72 points higher than the 24.08 percent recorded in the...
`This is the best time to invest in Nigeria”, Elumelu, in India, urges Indian investors
Heirs Holdings Group Chairman, Mr Tony Elumelu, at the ongoing Nigeria-India Presidential Roundtable and Conference in New Delhi, India, urged the Indian private...
NNPC Ltd not against sale of shares of Agip Oil to Oando — Muhammad
The Nigerian National Petroleum Company Ltd (NNPCL) says it is not opposed to the sale of the Nigerian Agip Oil Company Limited (NAOC)...
Nigeria now pumps1.67m barrels of crude oil, condensates daily — NNPCL GCEO, Kyari
Nigeria has raised its daily output of barrels of oil and condensates from a million to 1.67 million, Mr Mele Kyari, NNPCL Group...
