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Day: May 17, 2021

Three Refineries Processed No Crude In January – NNPC
BusinessLocal

Three Refineries Processed No Crude In January – NNPC

Latest operations report of the Nigerian National Petroleum Corporation indicates that Nigeria’s refineries under the management of NNPC could not…

byEkeminiMay 17, 2021
Nigeria Lets Naira Weaken In Possible Move To Unify Exchange Rates
BusinessLocal

Nigeria Lets Naira Weaken In Possible Move To Unify Exchange Rates

Nigeria let the naira weaken to a record low against the dollar on the official market on Friday, according to…

byEkeminiMay 17, 2021
Economists Evaluate Nigeria-China Currency Swap
BusinessWorld

Economists Evaluate Nigeria-China Currency Swap

Some Financial Economists have expressed great concerns on the minor influence that the Nigeria-China currency swap had on the country’s…

byEkeminiMay 17, 2021
We Breached No Laws In Our Relationship With INTELS – Suspended NPA Boss Usman
BusinessLocal

We Breached No Laws In Our Relationship With INTELS – Suspended NPA Boss Usman

Embattled suspended Managing Director of the Nigerian Ports Authority, Hadiza Bala Usman, has debunked claims by an online newspaper, Sahara Reporters,…

byEkeminiMay 17, 2021
Toxic Loans, Courts May Force AMCON’s Burdens On Taxpayers
BusinessLocal

Toxic Loans, Courts May Force AMCON’s Burdens On Taxpayers

Seized Assets Face Capital Erosion Amid Agency’s Monetisation Hurdles • Aero, Arik Struggling, Five Years Post Takeover • Over 3,000…

byEkeminiMay 17, 2021
CBN Begins Gradual Harmonisation Of Exchange Rates
BusinessLocal

CBN Begins Gradual Harmonisation Of Exchange Rates

The Central Bank of Nigeria (CBN) yesterday began gradual harmonisation of exchange rates with the removal of N379/$1 official rate…

byEkeminiMay 17, 2021

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