Business

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...

UBA Chairman, Elumelu, in crucial meeting with Tinubu, says private sector endorses president’s bold decisions

Billionaire philanthropist, investor and Chairman of the United Bank for Africa (UBA), Mr Tony Elumelu, has again hailed the bold decisions taken by...

After the plundering of its commonwealth, Nigeria needs resetting for renewal of its socio-economic infrastructure – Elumelu

“We salute the political will and courage that have been found to address the root causes of issues, to introduce policies for the...

Oil Prices Under Pressure Across The Globe As Economic Concerns Mount

Oil prices fell in Asian trading early on Thursday, losing ground for a fourth consecutive day, as market participants are concerned about the...