Business

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  Buhari to CBN: No objection to flexible exchange rate

  Faced with an economy nearing recession and inflation at the highest in almost six...

  • Posted June 2, 2016
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  Power: NERC bans mass disconnection of consumers

  The Nigerian Electricity Regulatory Commission on Tuesday announced an outright ban on the mass...

  • Posted June 2, 2016
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  Nigeria’s Barkindo may become OPEC secretary-general

  The Organisation of Petroleum Exporting Countries is likely to choose a former Group Managing...

  • Posted June 2, 2016
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  Nigeria risks losing oil buyers to Iran, Saudi Arabia

  Nigeria, which recently lost its Africa’s top oil producer status to Angola on the...

  • Posted June 1, 2016
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  Power sector loses N2bn daily, more turbines pack up

  The power sector has been losing an average of N2bn daily since the resurgence...

  • Posted June 1, 2016
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  Nigeria to refine 1.3mbpd of oil for consumption by 2023

  The International Institute for Petroleum Energy Law and Policy (IIPELP) has said Nigeria would...

  • Posted June 1, 2016
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  FirstBank gets $13.745m Forex allocation from CBN

  The latest returns on forex utilisation for FirstBank Nigeria Limited have shown that the...

  • Posted June 1, 2016
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  Marketers defy FG, sell petrol above official ex-depot price

  Despite federal government’s recent increase of the price of petrol to reflect the high...

  • Posted June 1, 2016
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  Nigerians traumatised by adverse economy – Ambode

  Lagos State Governor, Mr. Akniwunmi Ambode, has said that Nigerians are being traumatised by...

  • Posted May 31, 2016
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  Plummeting oil prices: LNG price slumps by over 50%

  The plummeting prices of crude oil have taken a toll on the price of...

  • Posted May 31, 2016
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