BUSINESS
Naira Plunges To 475 As Dollar Demand Rises
The naira weakened further on Monday, trading at 475 to the United States dollar in the parallel market amid a rise in demand for...
Shell Commence Construction Mega Gas Plant In Aba
Shell Nigeria Gas Limited, SNG, said it has commenced the construction of a huge gas plant in the commercial city of Aba, in Abia,...
BREAKING: Inflation Rate Surpasses 14% — Highest Jump In 4 Years
The National Bureau of Statistics (NBS) says consumer price index, which measures inflation, hit 14.23 per cent in October. The inflation rate jumped by 0.52...
FG To Sell Three Power Plants For N434 Billion
The Federal Government has revealed that it was making arrangement to sell Geregu, Omotosho and Calabar power plants for N434 billion in 2021. The...
FG May Increase VAT Rate By 2.5% In 2021
Federal Government on Tuesday disclosed that it has spent N7.09 trillion as at the end of the third quarter of 2020 fiscal year, just...
Reps Summon NNPC Boss, Emefiele, Over Unremitted N3.2tn
The House of Representatives has summoned the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari; and the Governor of the Central...
UAE Offers Doctors, Students 10-year Golden Residency Visa
The United Arab Emirates said Sunday it will grant all doctors and infectious disease experts living in the country a 10-year visa, who are...
Petrol To Sell At N168 As PPMC Increases Depot Rate
The Petroleum Products Marketing Company, PPMC, a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has increased the depot price of premium motor spirit,...
BREAKING: Petrol Pump Price Now N170 Per Litre
The Independent Petroleum Marketers Association of Nigeria (IPMAN ) has directed marketers to sell the Premium Motor Spirit (PMS ) for N170 per litre. The...
Take Advantage Of Nigeria’s Resources For Investment, Buhari Urges International Community
President Muhammadu Buhari on Thursday urged the international community and investors to take advantage of Nigeria’s diversity in human and natural resources for investment. The...
