Oil Refining Renaissance Under Threat From Natural Gas Crisis
Surging prices for natural gas are threatening to eat up the profit some oil refiners are making on their fuels,…
Day: October 21, 2021
Nigeria Must Reduce Over-Dependence On Oil – Akeredolu
The Ondo State Governor, Mr Rotimi Akeredolu, on Wednesday, said there was a need to develop strategies that would enhance…
CBN Deepening NFIS Via E-Channel Transactions
Three months after the Central Bank of Nigeria (CBN) lowered its hammer on Bureau de Change operators over alleged infractions,…
Customs’ Move To Impound Private Jets
LAST week, the Nigeria Customs Service (NCS) threatened to impound 29 private jets on which the owners had not paid…
Oil Rises Modestly As U.S. Crude Stockpiles Dwindle
Oil prices edged higher on Wednesday, rebounding from early losses after U.S. crude stockpiles unexpectedly fell and inventories at the…
Exxon Mobile Reduce Production In Chad
Exxon Mobil said on Wednesday it had temporarily cut back production at its unit in Chad and reduced staffing in the…
PWC And UNDP In Agreement To Support Technology-Enabled Approach In Nation Ecosystem
Price Water House Coopers (PwC) and the United Nations Development Programme (UNDP) have signed a Memorandum of Understanding (MoU) to…
German software giant “SAP” Q3 Revenue Is 20% Above 2020 Q3 Revenue
German software giant SAP on Thursday posted a jump in revenue at its fast-growing cloud unit, which helped boost the company’s earnings…
Federal Government In Discussion With International Monetary Fund On Terms Of Repayment Of Loan
The federal government is negotiating with the International Monetary Fund (IMF) on repayment terms for the $3.4 billion extended to…
AFDB, ADFl, And Y’ello Digital Financial Services Agreed On $500,000 Grant For Women
The African Development Bank initiative, the Africa Digital Financial Inclusion Facility (ADFI), and Y’ello Digital Financial Services (YDFS), the fintech…
Gold Nudges Higher As Weaker Dollar Lends Support
Gold prices inched up on Thursday, extending gains into a third session as a softer dollar made the metal cheaper…
Power Generation Companies In Nigeria suffered Loss Of N1.66 Trillion In Seven Years
Power generation companies in Nigeria have said they suffered a loss of N1.66tn in seven years as a result of…
Turkey And Nigeria Sign A Bilateral Agreement On Improving Security And Trade
The need to improve security and trade between Nigeria and Turkey formed the highlight of the bilateral agreements signed yesterday…
Microsoft: Window 11 Is Available For Free Upgrade On Eligible Windows 10 PCs
Microsoft has announced the availability of Windows 11 around the world, through a free upgrade on eligible Windows 10 PCs…
Evergrande Shares Dropped By Over10 Percent
China Evergrande shares briefly dropped more than 10% in opening trade on Thursday, after a deal to sell some of its…
International Renewable Energy Agency And International Labour Organization Partners To Promote Employment For Women
The Directors-General of the International Renewable Energy Agency and the International Labour Organization have signed an agreement to reinforce their…
Lagos State Ministry Of Education Train 50 Teachers In Partnership With US Consulate General
The Lagos State Ministry of Education has partnered with the US Consulate General to train 50 teachers from the Education…
Nigeria Maintains Position As Africa’s Most Valuable Nation Brand Amid Pandemic
Despite Covid-19 pandemic economic shocks, Nigeria has retained its position as Africa’s most valuable nation brand for the third consecutive…