Reports on liquidation of 20 banks misleading says NDIC
The Nigeria Deposit Insurance Corporation (NDIC) has explained its role in the 20 banks liquidated by the Central Bank of...
Business Affairs
Bearish equity market sheds N130bn
Domestic equity market Monday opened the week bearish, declining by N130 billion. The market was weighed down following the depreciation...
Inflation to persists, Afrinvest says
Analysts at Afrinvest have predicted that the current inflationary pressure in Nigeria’s economy will persist as a result of the...
Oil production rises to 275,000bpd as NNPCL settles PENGASSAN-Total mgt rift
Following a peace deal brokered on Sunday by the Nigerian National Petroleum Company Limited, NNPCL, between the Management of Total Energies,...
NCC to raise telecoms contribution to GDP to 22% by 2027
Nigeria Communication Commission (NCC) is set to increase contribution of the telecommunication sector to Gross Domestic Product (GDP) contribution to...
FG, State govts partner on cleaner environment
Minister of Environment, Barabe Lawal, says the ministry is collaborating with state governments to deliberate on the policy roadmap on...
Our priority is to eradicate youth unemployment – Dangote
Dangote Group's Executive Director, Commercial Operations, Hajia Fatima Aliko-Dangote, has reiterated the company’s determination to eradicate the high youth unemployment...
Inflation to reach 30% by December 2023 – KPMG
Reputable financial adversary service firm, KPMG is confident that Nigeria's inflation would berth at 30 per cent this year. Currently,...
Shell Nigeria, GOSL sign pact with Argeo to develop Bonga field
Shell’s Nigerian subsidiary (SNEPCo) and local content partner GOSL, has entered into agreement with Oslo-listed offshore service company Argeo for...
Access Bank partners FG, plans N30bn support for 4m MSMEs, women, youths
In line with its commitment to support women and youth-owned businesses in Nigeria, Access Bank Plc, has entered into partnership...
