Friday, August 21, 2026
Imo based Waltersmith’s 5,000-bpd refinery set to provide 500,000 oil downstream jobs
Buhari orders NNPC, DPR to supply crude, condensate to modular refinery Breaks ground for plant’s 45,000bpd phases 2&3 With...
Read moreDetailsNigeria’s South-south subnational leaders’ wish-list majors on greater control of oil resources
Immediate privatization of two refineries in Port Harcourt, Warri Relocation of IOCs headquarters, oil subsidiaries to region Release of...
Read moreDetailsGlobal travels, tourism rebound will be slow, despite successful Covid-19 vaccines – Fitch
By Charles Abuede A recent study by Fitch, an international global rating agency, has shown that the recovery...
Read moreDetailsBREAKING! CBN’s MPC keeps policy rate at 11.50%, to avert recession, curtail inflationary pressure
By Charles Abuede Hopes Nigeria exits recession by end of Q4 2020 while inflation will head southwards Q1 2021...
Read moreDetailsNigeria: How civil unrest, violent crime, insurgency intensified risks for personal security – report
Analysts gauge rising inflation till year-end as macro-economic risk Nigeria’s N3.12trn debt servicing in 2021 budget heightens debt burden...
Read moreDetailsHands tied behind its back: CBN’s MPC sees challenges weigh on loosening rates
By Charles Abuede Challenges include: Skyrocketing inflation Pressure on FX and exchange rate Government revenue pressure Sluggish economic growth,...
Read moreDetailsCocoa market turns battleground as traders, producers engage in price scuffle
By Onome Amuge A price tussle between the world’s major cocoa producers and some of the biggest traders is...
Read moreDetailsCBN issues new directives on use of Forms M, LCs, other forms of payment
By Charles Abuede Name of beneficiary should be same as ultimate supplier of products Urges all authorised dealers to strictly...
Read moreDetailsAnambra State denies receiving N25bn DMO bond
Declares state healthy with lowest unemployment at 13.1% against national 27.1% Signposts BudgIT’s best fiscal responsibility index Anambra,...
Read moreDetailsGTB posts N142.28bn 9-months’ PAT, down 3.2% YoY, but Q3’20 up at N48.01bn
By Charles Abuede Nigeria’s Tier-1 lender, Guaranty Trust Bank Plc, has reported a profit after tax (PAT) of...
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