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NNPC announces first production from Akwa Ibom oil block

May 12, 2024May 12, 2024 Markets Reporters 0 Comments

NNPC Exploration and Production Limited, NNPC Ltd’s flagship upstream subsidiary, and Natural Oilfield Services Ltd, a subsidiary of Sterling Oil

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Economics FEATURED Latest TOP STORIES 

NAFDAC to destroy N50m alcohol in illegal Lagos factory

May 12, 2024May 12, 2024 Markets Reporters 0 Comments adulterated alcohol, illegal alcohol factory, NAFDAC

The National Agency for Food and Drug Administration and Control (NAFDAC) has said it will destroy products worth N50 million

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FEATURED Latest Money TOP STORIES 

Naira slide stokes fears of domiciliary account clampdown

May 11, 2024May 11, 2024 Markets Reporters 0 Comments CBN, Domiciliary account deposits, Naira slide

The steep fall of the naira in recent weeks coupled with the measures taken to prop up the embattled currency

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Economics FEATURED Latest TOP STORIES 

Nigeria’s inflation seen jumping to 34.25% on petrol scarcity

May 11, 2024 Markets Reporters 0 Comments Inflation rate in Nigeria, Petrol scarcity in Nigeria

With the return of petrol scarcity in several parts of Nigeria last month, the inflation rate is expected to accelerate

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FEATURED Latest Money TOP STORIES 

Naira heads to two-month low on lower dollar liquidity

May 11, 2024 Markets Reporters 0 Comments dollar liquidity in Nigeria, FMDQ, naira

The decline in dollar liquidity has dragged the Nigerian currency to the lowest since March 20 on the official market,

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FEATURED Latest Thinkpiece TOP STORIES 

Taking care of your business starts with taking care of yourself

May 11, 2024May 11, 2024 Markets Reporters 0 Comments Harvey Mackay, Health

By Harvey Mackay A woman joined a local health club but after the first day requested her membership be refunded.

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Energy FEATURED Latest TOP STORIES 

Oil giant Shell says no plan to leave Nigeria

May 7, 2024May 7, 2024 Markets Reporters 0 Comments Osagie Okunbor, Shell Nigeria

Shell has said it is not leaving Nigeria and will continue to contribute to the country’s economic growth. The oil

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Energy FEATURED Latest TOP STORIES 

Shell Nigeria to build gas distribution network in Oyo

May 3, 2024May 3, 2024 Markets Reporters 0 Comments Seyi Makinde, Shell Nigeria Gas

The Oyo State Government and Shell Nigeria Gas (SNG) have signed an agreement to develop a gas supply and distribution

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Economics FEATURED Latest TOP STORIES 

Nigeria’s wobbly customs duty exchange rate raises concerns

May 1, 2024May 1, 2024 Markets Reporters 0 Comments CPPE, Customs duty exchange rate, naira rate volatility

The frequent changes in the customs duty exchange rate in Nigeria have become a huge burden on the business community,

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FEATURED Latest Money TOP STORIES 

Standard Chartered Bank Nigeria gets new CEO

April 28, 2024April 28, 2024 Markets Reporters 0 Comments Dalu Ajene, RMD Nigeria, Standard Chartered Bank Nigeria

Standard Chartered Bank has announced the appointment of Dalu Ajene as the chief executive officer of its operations in Nigeria. 

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