The Lagos Chamber of Commerce and Industry (LCCI) has criticised the deployment of ‘Strike Force’ by the Nigeria Customs to all ports, saying that the move will be detrimental to...
Read moreDetailsfederal government was still mulling the removal of fuel subsidy. He also pointed out that there were concerns over the recent increase in workers’ minimum wage. Akabueze, said this on...
Read moreDetailsWorld Bank loan portfolio in Nigeria now stands at $8.67bn, an investigation has shown. Loans from the International Development Association, one of the three arms of the World Bank, make...
Read moreDetailsTrading on the Nigerian Stock Exchange (NSE) resumed after the Easter holidays on Tuesday with a loss of 0.03 percent. Specifically, the All-Share Index shed 10.31 points or 0.03...
Read moreDetailsThe Organisation of the Petroleum Exporting Countries (OPEC), is upbeat at the prospect of the Dangote Oil Refinery, in driving world crude oil refining capacity increase especially in Africa by...
Read moreDetailsThe National Production Monitoring System recently deployed by the Department of Petroleum Resources as an accounting solution for crude oil and gas is expected to engender transparency, curb crude oil...
Read moreDetailsWorld oil prices jumped to near six-month highs on Tuesday as the United States tightened sanctions on Iran, sending shares of energy companies higher and boosting currencies of several major...
Read moreDetailsBrent oil slipped to around 71 dollars a barrel on Tuesday, pressured by expectations of higher U.S. inventories and concern about Russia’s willingness to stick with OPEC-led supply cuts. Analysts...
Read moreDetailsThe International Monetary Funds (IMF) has asked the Nigerian Government to consider the complete removal of fuel subsidy. IMF Managing Director, Christine Lagarde, who said this at a press conference...
Read moreDetailsJohn Shiklam in Kaduna Africa’s richest man and President of Dangote Group, Alhaji Aliko Dangote, has said his refinery, one of the world largest, when completed, will transform Nigeria’s economy. He...
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