NNPC swapped N3.04tn crude for refined products
A total of 150.4 million barrels of crude oil valued at N3.04tn was swapped for refined petroleum products by the…
Category: Business
Nigeria To Begin Rice Exportation In 2020
Increased production and capacity utilisation by rice millers across the country, may have boosted Nigeria’s quest to commence exportation of…
Boeing posts $636m loss, first in 20 years
Boeing reported on Wednesday its first annual loss since 1997, as the company continues to grapple with the fallout of…
MTN budgets $1.6 billion to invest in Nigeria
The Minister of Communications and Digital Economy, Dr Isa Pantami, has expressed delight as the Mobile Telephone Network (MTN) budgeted…
Shakeup in Unilever management following massive losses recorded in 2019
Last November, Unilever Nigeria announced the resignation of its CEO, Yaw Nsarkoh. Prior to his resignation, Mr Nsarkoh was placed…
Buhari directs trade minister to set up agro-allied industry in 36 states
The President, Major-General Muhammadu Buhari (retd) has directed the Ministry of Industry, Trade and Investment to establish agro-allied industry in…
Refineries recorded N123.3bn loss in 10 months – NNPC
The country’s refineries under the management of the Nigerian National Petroleum Corporation made a cumulative loss of N123.25bn from January…
Currency issues least of ECOWAS integration process, says LCCI
Citing the need to address key fundamental issues and non-tariff barriers affecting regional trade among Economic Community of West African…
Economy: IMF & World Bank disagree on Nigeria’s growth outlook
On Monday, the International Monetary Fund (IMF) released its Global Economic Outlook where the fund announced it expects global growth…
Key Levels for Amazon Stock in the First Half of 2020
Amazon.com, Inc. (AMZN) stock closed 2019 at $1,847.84 and closed Friday, Jan. 17 at $1,864.72, up just 0.9% so far…