Business - Page 137

Raw Material Costs Surge By 98.9% In H1 For Major Companies In Nigeria’s Industrial Goods Sector

Raw Material Costs Surge By 98.9% In H1 For Industrial Goods Sector

Companies in the industrial goods sector of the Nigeria Stock Exchange (NGX) experienced a sharp rise in their raw material costs during the first half of 2024. According to financial reports, the

Emmanuel Ochayi

September 29, 2024

Business·News·Oil & Gas

Why 3 Million Barrels Of Oil Production Daily Is Achievable – NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) is confident that Nigeria can reach a daily crude oil production level of 3 million barrels. Mr. Olufemi Soneye, the Chief Corporate Communications Officer of

Emmanuel Ochayi

September 29, 2024

How 47 Million People Are At Risk of Food Crisis By Mid-2025 – ECOWAS

Business·FEATURES·Markets·News

Nigerians Face Growing Hunger Crisis As Food Insecurity Reaches Critical Levels

A growing hunger crisis is gripping Nigeria, with a staggering 31 million people now struggling with food insecurity. The causes of this crisis are numerous, ranging from escalating insecurity across the country

Emmanuel Ochayi

September 29, 2024

Naira Vs Dollar: What To Expect This Week (2nd - 6th June 2025)

Business·Currency·Markets

Naira Further Appreciates, Ends Week On Good Note

The Nigerian naira further appreciated at the official market on Friday, ending the week on a positive note. According to the Nigeria Autonomous Foreign Exchange Market (NAFEM) data published on the FMDQ

Victor Ezeja

September 28, 2024

Nigeria's Equity Market Declines By 1.99% in March Despite Weekly Gains

Business·Markets·News

Nigeria’s Equity Market Sees N120bn Rise Despite Interest Rate Hike

Equity Market Surges Amid Interest Rate Hike Nigeria’s equity market gained N120 billion last week, rising 0.21 percent despite a surprising interest rate hike by the Central Bank of Nigeria (CBN). The

Emmanuel Ochayi

September 28, 2024

Yahaya Bello: Court Dismisses Bail Application In N110bn Fraud

Business·News·Politics

Yahaya Bello’s Daughters’ School Fees Paid With $300,000- BDC Operator Tells Court

Jamilu Abdullahi, a Bureau de Change (BDC) operator based in Abuja, has testified in court about his role in the payment of $300,000 school fees for Yahaya Bello’s daughters. This testimony raises

Emmanuel Ochayi

September 28, 2024

Business·News·Travel

Nigerian Airlines To Resume Flights To UAE As Keyamo Secures Reciprocal Rights

Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, has concluded negotiations with the United Arab Emirates (UAE) for a new Bilateral Air Service Agreement (BASA) that will allow both countries to

Victor Ezeja

September 27, 2024

Food Prices Remain High In Nigeria As Beans, Rice, Yam Take The Lead

Business·Food·News

Inflation: Yam, Beans, Rice Lead High Food Prices In Nigeria

The biggest challenge many Nigeria households have faced in the last one year is the enduring high cost of food. Many popular staple foods in the country that were hitherto affordable, have

Victor Ezeja

September 27, 2024

Why NNPC Is Facing Challenges Meeting Crude Supply Demands To Dangote Refinery- PENGASSAN

Business·News·Oil & Gas

Why NNPCL Can’t Meet Crude Supply Demands To Dangote Refinery- PENGASSAN

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has disclosed why the Nigerian National Petroleum Company (NNPC) Limited is facing difficulties in supplying crude oil to the Dangote Refinery.

Emmanuel Ochayi

September 27, 2024

Minimum Wage Crisis: Workers, Experts Weigh In On Nigeria's N70,000 Controversy

Business·News

NACCIMA Applauds N70,000 Minimum Wage Payment, Faults Threat For Defaulters

NACCIMA Commends New Minimum Wage The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has applauded the Federal Government’s decision to begin payment of N70,000 minimum wage to workers

Emmanuel Ochayi

September 27, 2024

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Business - Page 137

Raw Material Costs Surge By 98.9% In H1 For Industrial Goods Sector

Why 3 Million Barrels Of Oil Production Daily Is Achievable – NNPCL

Nigerians Face Growing Hunger Crisis As Food Insecurity Reaches Critical Levels

Naira Further Appreciates, Ends Week On Good Note

Nigeria’s Equity Market Sees N120bn Rise Despite Interest Rate Hike

Yahaya Bello’s Daughters’ School Fees Paid With $300,000- BDC Operator Tells Court

Nigerian Airlines To Resume Flights To UAE As Keyamo Secures Reciprocal Rights

Inflation: Yam, Beans, Rice Lead High Food Prices In Nigeria

Why NNPCL Can’t Meet Crude Supply Demands To Dangote Refinery- PENGASSAN

NACCIMA Applauds N70,000 Minimum Wage Payment, Faults Threat For Defaulters

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