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DPR – OVH Energy depot fire has been contained

The Department of Petroleum Resources (DPR) says Thursday’s fire incident at OVH Energy tank farm at Marine Beach, Ijora area of Lagos State has...

Nigeria considering zero import duties

The Federal Ministry of Transportation has revealed that it is considering zero import duty on new vessels, parts for ship building and repairs following...

Trading remains upbeat on NSE, index up 1.28%

Activities on the Nigerian Stock Exchange on Friday remained upbeat for the fifth consecutive day, with the All-Share Index growing by 1.28 per cent...

Why President Buhari renewed appointments of PTDF, PEF, NCDMB chiefs

President Muhammadu Buhari has renewed the appointments of Chief Executive Officers of agencies under the Ministry of Petroleum Resources. Femi Adesina, the special adviser to...

Nigeria’s inflation hits 13.22 percent

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...

Debt Management Office revealed that Nigeria’s debt stock increased by N2.381 trillion

Nigeria’s Total Public Debt Stock stood at N31.009 trillion as of June 30, 2020. The disclosure was contained in a press release by the...

CBN seems to be making the same mistake with PSB

As of 2019, there are 184million mobile subscriptions in Nigeria, this translates to an 89% penetration rate; there are 125m internet users in Nigeria...

Nigerian banks debut quick response code payment in Ghana

Three Nigerian banks have commenced a quick response code payment system in Ghana. The banks: Eco, Zenith and Fidelity; are among six banks in Ghana...
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