Pascal Arogorn Ibe
- Business , Economy
- September 14, 2020
- 442 views
Nigeria’s revenue dropped by 65%, says finance minister
………Finance minister contradicts Presidency, says food prices rising The Minister of Finance , Budget and National Planning, Zainab Ahmed, says Nigeria ’ s revenue has dropped by about 65 per…
- Business , Economy
- September 11, 2020
- 466 views
Food prices are coming down —Presidency
The Presidency on Friday says the prices of food items in the country are dropping as a result of the agricultural reforms of the administration of President Muhammadu Buhari. The…
- Business , Economy
- September 11, 2020
- 407 views
Oil fell as stockpile rise amid weakening demand
Oil prices fell for a second day on Friday, pressured by a surprise rise in U.S. stockpiles as the coronavirus pandemic continues to erode demand for fuels. Brent crude was…
- Business
- September 10, 2020
- 499 views
Why We Shut Down Four Oil Refineries – NNPC
The Nigerian National Petroleum Corporation (NNPC) has revealed why it shut down four oil refineries across the country. According to the Group Managing Director of the NNPC, Mele Kyari, the…
- Business
- September 4, 2020
- 398 views
COVID-19: Traders in Nasarawa decry low patronage
Traders at Aso community market in Karu Local Government Area of Nasarawa state have decried low patronage since the advent of coronavirus (COVID-19) in Nigeria. Some of the traders, who…
- Business
- September 3, 2020
- 396 views
Miyetti Allah urges FG to establish Livestock Ministry
Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) has urged the Federal Government to establish a livestock ministry to harness the full potentials in the sub-sector of the economy. The…
- Business
- September 2, 2020
- 425 views
Stock market indices rise by 0.18%
The Nigerian Stock Exchange’s (NSE) key market indices on Wednesday appreciated further by 0.18 per cent due to sustained bargain hunting. Consequently, the NSE All-Share Index rose by 46.05 points…
- Business
- September 2, 2020
- 1041 views
Petrol price now N151.56 per litre ― PPMC
THE price of petrol has been increased to N151.56 per litre, according to Pipelines and Product Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation, NNPC In a…
- Business
- September 1, 2020
- 410 views
CBN orders banks to pay 10%of MPR as interest on savings deposit
The Central Bank of Nigeria (CBN) has ordered banks to henceforth pay 10% of it’s Monetary Policy Rate (MPR) as the minimum interest rate on savings deposit. The MPR is…
- Business
- September 1, 2020
- 477 views
Adesina sworn in for second term as AfDB president
President of the African Development Bank , Dr Akinwunmi Adesina , has been sworn- in for the second term in office . The ceremony held virtually and broadcast online on…
- Business
- September 1, 2020
- 333 views
Nigeria to be net exporter of petroleum products by 2022 — DPR
The Department of Petroleum Resources (DPR), says with five built refinery plants across the country and seven in the making, Nigeria will be a net exporter of petroleum products in…
- Business
- August 31, 2020
- 417 views
Ban on maize importation not sole cause of price increase — CBN
As stakeholders in poultry industry get nervous over losses The Central Bank of Nigeria, CBN, has cleared the air that it is not a ban on maize importation alone that…
- Business
- August 31, 2020
- 356 views
Equities market up 0.3% amidst portfolio adjustments, positioning for Q3’20 earnings
As the stock market and economy continued to move in opposite directions, investors seem to be repositioning their portfolios on the back of the low price attractions leading to upward…
- Business
- August 28, 2020
- 387 views
Nigerian capital importation declines -77.88% in Q2 2020
The Nigerian capital importation recorded a negative growth in Q2 2020 with -77.88% decrease. This was contained in quarterly data report released by the National Bureau of Statistics, NBS on…
- Business
- August 27, 2020
- 470 views
Akinwuni Adesina reelected AfDB president, Buhari Felicitates
African Development Bank president, AFDB , Akinwumi Adesina, has been reelected. Adesina, who returned unopposed, formally requested for a second term as AfDB president, saying he was “doing it with…
