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Category: Business

Business Economy headline

NNPC Ltd/TotalEnergies’ $550m Ubeta upstream gas project takes off

Iheanyi Ejiofor September 18, 2024 No Comments #Gas#NNPC#project#TotalEnergy#UBETA

The $550 million upstream gas project between the NNPC Ltd and TotalEnergies on the development of the Ubeta field has taken off, the Presidency announced on Tuesday. Special Adviser to…

Read More NNPC Ltd/TotalEnergies’ $550m Ubeta upstream gas project takes off
Business Economy headline

FG, states, LGs shared N1.203 trillion in August – FAAC

Iheanyi Ejiofor September 17, 2024 No Comments #FAAC

The Federation Accounts Allocation Committee (FAAC) shared N1.203 trillion in revenue among the federal government, states and local government councils (LGCs). According to a communique issued by FAAC after its…

Read More FG, states, LGs shared N1.203 trillion in August – FAAC
Business Economy headline

Tinubu never asked CBN gov Cardoso to resign – Presidency

Iheanyi Ejiofor September 17, 2024 No Comments #Cardoso#CBN#Resignation#TinubuPresidency

The presidency on Tuesday denied reports that President Bola Tinubu asked Yemi Cardoso the Governor of the Central Bank of Nigeria [CBN] to resign from his position. The Special Adviser…

Read More Tinubu never asked CBN gov Cardoso to resign – Presidency
Business Economy headline

Tinubu’s visit to China will boost foreign investments, says economist

Iheanyi Ejiofor September 17, 2024 No Comments #China#Foreign investments

Aprofessor of economics at the University of Lagos, Olufemi Saibu, says blocking all leakages in the country will boost investors’ confidence and attract them from around the globe. Saibu, also…

Read More Tinubu’s visit to China will boost foreign investments, says economist
Business Economy headline

NBS: Nigeria’s Inflation rate slowed to 32.15% in August

Iheanyi Ejiofor September 16, 2024 No Comments #inflation#NBS#Rate

Our reporter/ Nigeria’s inflation rate decelerated to 32.15% from 33.40% in July, the National Bureau of Statistics (NBS) said Monday. According to the Consumer Price Index report released by the…

Read More NBS: Nigeria’s Inflation rate slowed to 32.15% in August

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