Business
Nigeria’s central bank chief sees hope amidst deep economic and social despair
January 25, 2024
Nigeria’s central bank chief sees hope amidst deep economic and social despair
The twin policies of petrol subsidy removal and free-float of the naira have combined to wreak havoc on disposable income,…
Appetite in Nigeria’s oil sector wanes as Shell divests its holdings
January 16, 2024
Appetite in Nigeria’s oil sector wanes as Shell divests its holdings
This follows closely on the heels of similar divestments of onshore assets by other multinational oil companies, sparking fears the…
CBN resets the Boards of Union Bank and 2 others for the good of banking
January 11, 2024
CBN resets the Boards of Union Bank and 2 others for the good of banking
The Central Bank of Nigeria (CBN) has been captured performing a lightning-speed reset of the affairs of Union Bank, Keystone…
NCDMB boss wants locals to provide insurance that the oil and gas industry needs
January 10, 2024
NCDMB boss wants locals to provide insurance that the oil and gas industry needs
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe is just about a…
Dangote refinery inches closer to starting test runs this week
January 9, 2024
Dangote refinery inches closer to starting test runs this week
Ever since its late May 2023 commissioning, anticipation had been growing around the Dangote Oil Refinery over when it would…
What can put the brake on costly Nigerian rice?
January 5, 2024
What can put the brake on costly Nigerian rice?
When the former President of Nigeria, Muhammadu Buhari launched 13 pyramids of rice paddy in January 2022, the goal was…
Gas leak detection device/PCBs production facility set for opening in Abuja
December 20, 2023
Gas leak detection device/PCBs production facility set for opening in Abuja
With an estimated four million gas cylinders in use and possibility of gas explosions with attendant loss of lives and…
No more Jumia delivering food to your doorstep after 31 December
December 15, 2023
No more Jumia delivering food to your doorstep after 31 December
Serious cost-saving measures are going on at Jumia Technologies which is of huge significance when considering the last mile deliveries…
New NCDMB Secretary Omatsola Ogbe quickens the pace for realising local content roadmap benefits
December 15, 2023
New NCDMB Secretary Omatsola Ogbe quickens the pace for realising local content roadmap benefits
More than seven years have gone by since the Nigerian Content Development and Monitoring Board (NCDMB) last had a fresh…
Where drivers want to shop for their used cars come 2024
December 11, 2023
Where drivers want to shop for their used cars come 2024
By Precious Olowookere When conforming to strenuous macro-economic situations seems like what is going to be the norm going forward,…
Nigeria losing $520m of its external reserves in five weeks offers a picture too grim
December 11, 2023
Nigeria losing $520m of its external reserves in five weeks offers a picture too grim
By Precious Iyanuoluwa The Central Bank of Nigeria, at a recent Lagos-held Chartered Institute of Bankers dinner has confirmed fears…
What is driving manufacturers to leave Nigeria with their jobs?
December 7, 2023
What is driving manufacturers to leave Nigeria with their jobs?
Nigeria, under a new handler, wants to improve its macroeconomic realities to ensure that its citizens enjoy a good quality…