Business - Page 227

Survey: 65.8% Respondents Want Interest Rate Cut As CBN Holds MPC Meeting

Monetary Policy Tightening May Not Curb Inflation- World Bank Warns CBN

The World Bank has cautioned that the Central Bank of Nigeria’s (CBN) aggressive monetary policy tightening may fail to control inflation and pose a significant risk to Nigeria’s economic growth. This warning

Emmanuel Ochayi

June 13, 2024

Petrol Landing Cost Price Now At N1,117/litre, MEMAN Reveals

Business·News·Oil & Gas

Petrol Importation Cost Rise By 31.4% Amid Reduced Consumption In Nigeria

Nigeria’s spending on petrol importation has increased, despite a substantial drop in the country’s consumption rate. Reports from the Nigeria Bureau of Statistics (NBS) reveal that N2.63 trillion was spent on importing

Emmanuel Ochayi

June 13, 2024

Business·News

Nigeria’s Oil Production Drops To 1.2mbpd Despite Government Claims- OPEC

Nigeria’s daily oil production dipped further to 1.25 million barrels per day (mbpd) in May, according to a report by the Organisation of the Petroleum Exporting Countries (OPEC). This contradicts recent claims

Emmanuel Ochayi

June 13, 2024

Nigerian Democracy @ 25: A Celebration or a Charade?

Business·FEATURES·News·Politics

Democracy Day: Is Nigeria @ 25 A Celebration Or Charade?

As Nigeria marks 25 years of uninterrupted democracy, since the 1999 transition from military rule, the nation reflects on an inspiring yet challenging journey. The Nigerian democratic experience stands out in a

Emmanuel Ochayi

June 12, 2024

Dangote Refinery: Fueling Nigeria's Economic Resurgence or Monopoly Menace?

Business·News·Oil & Gas

Mixed Reaction As Dangote Refinery Postpones Petrol Supply To July 15

Dangote Refinery has announced that its plan to release Premium Motor Spirit (PMS) into the market this month, will no longer be possible, leading to diverse reactions from Nigerians. The President of

Emmanuel Ochayi

June 12, 2024

Guinness Nigeria Appoints New Board Members As Tolaram Completes Acquisition

Business·News

Tolaram To Acquire Diageo’s 58% Stake In Guinness Nigeria

Tolaram, a multinational company, is set to acquire Diageo’s 58.02% shareholding in Guinness Nigeria Plc, marking a significant shift in Nigeria’s beverage industry. This development was revealed in a document filed with

Emmanuel Ochayi

June 12, 2024

NGX ASI Further Drops By 0.67%, As BUA Cement, Eterna Among Top Losers

Business·Markets·News

Nigerian Equity Market Sees N92.32bn Loss Amid Mixed Performance

The Nigerian equity market experienced a notable decline on Tuesday, with losses amounting to N92.32 billion. This drop was primarily driven by dips in the stock values of National Salt Company, Thomas

Emmanuel Ochayi

June 12, 2024

5 Ways To Manage Your Finances Amid Soaring Prices

Business·News

5 Ways To Manage Your Finances Amid Rise Of Prices

As the Nigerian economy continues to struggle with rising prices, experts suggest making a plan and sticking to 5 ways to manage your finances. “What are these prices?” Victoria Adeoye exclaimed, holding

Emmanuel Ochayi

June 12, 2024

Minimum Wage: A Call For A Living Wage, Not Just A New Wage

Business·News

Minimum Wage: A Call For Living Wage, Not Just New Wage

The nationwide industrial action, conducted last week in Nigeria, brings back memories of the last minimum wage increment. History offers us a clear lesson, while intended to ease the financial burden on

Emmanuel Ochayi

June 11, 2024

Nigerian Naira Vs U.S. Dollar: What To Expect This Week (17th-22nd, March 2025)

Business·Markets·News

Naira Remains Stable At N1,483/$1, Traders Express Cautious Optimism

The naira remained stable at N1,483.62 per US dollar on Monday, at the Nigerian Autonomous Foreign Exchange Market, as reported by FMDQ Securities Exchange Limited. This marks a marginal strengthening of 0.02

Emmanuel Ochayi

June 11, 2024

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Business - Page 227

Monetary Policy Tightening May Not Curb Inflation- World Bank Warns CBN

Petrol Importation Cost Rise By 31.4% Amid Reduced Consumption In Nigeria

Nigeria’s Oil Production Drops To 1.2mbpd Despite Government Claims- OPEC

Democracy Day: Is Nigeria @ 25 A Celebration Or Charade?

Mixed Reaction As Dangote Refinery Postpones Petrol Supply To July 15

Tolaram To Acquire Diageo’s 58% Stake In Guinness Nigeria

Nigerian Equity Market Sees N92.32bn Loss Amid Mixed Performance

5 Ways To Manage Your Finances Amid Rise Of Prices

Minimum Wage: A Call For Living Wage, Not Just New Wage

Naira Remains Stable At N1,483/$1, Traders Express Cautious Optimism

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