BREAKING: FG apologises for asking all bank, other account holders to re-register

The Federal Government has apologised for asking all account holders in the country’ s financial institutions to register their details again . The PUNCH reports that the FG earlier asked…

Apple bundles TV, music, news and more in services push

Apple said Tuesday it is putting TV, music, news and more in a subscription bundle as it increases its push into services tied to its iPhone “ecosystem.” An Apple One…

Nigeria’s inflation hits 13.22%, records biggest monthly increase in 2020

The nation ’ s inflation rate has recorded its biggest increase so far this year , rising to 13. 22 per cent in August, the National Bureau of Statistics said…

NSE: Market indices resume with 0.05% marginal growth

The Nigerian Stock Exchange (NSE) opened trading on Monday with a marginal growth of 0.05 per cent following buying interest in Dangote Cement and 16 other equities. Speficially, the NSE…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…