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Category: Business

Business Economy headline

Nigeria’s inflation rate surges to 34.19 % amid rising food cost

Iheanyi Ejiofor July 15, 2024 No Comments #inflation#NBS

Nigeria’s inflation figure has reached a new high, hitting 34.19 % for June 2024, according to the latest data from the National Bureau of State Statistics (NBS). This is an…

Read More Nigeria’s inflation rate surges to 34.19 % amid rising food cost
Business Economy headline

Dangote Group to become Nigeria’s largest forex supplier, targets $30 billion in revenue by 2025

Iheanyi Ejiofor July 15, 2024 No Comments #Aliko Dangote#Dangote refineryforex

The Dangote Group on Sunday revealed that it is targeting around $30 billion in revenues by the year 2025 whilst projecting to become the largest supplier of foreign exchange in…

Read More Dangote Group to become Nigeria’s largest forex supplier, targets $30 billion in revenue by 2025
Business Economy headline

NNPC now owns 7.2% of Dangote Refinery, not 20%, says Aliko Dangote

Iheanyi Ejiofor July 14, 2024 No Comments #Aliko Dangote#Dangote refinery#NNPC

Our reporter/ The Nigerian National Petroleum Corporation (NNPC) Limited no longer owns a 20% stake in Dangote Refinery, Aliko Dangote, the chief executive officer of Dangote refiney said on Sunday.…

Read More NNPC now owns 7.2% of Dangote Refinery, not 20%, says Aliko Dangote
Business Economy headline

Tinubu appoints Abubakar Dantsoho as MD of NPA

Iheanyi Ejiofor July 13, 2024 No Comments #Abubakar Dantsoho#NPA

Our reporter/ President Bola Tinubu on Friday removed Mohammed Bello-Koko as the managing director (MD) of the Nigerian Ports Authority (NPA) and appointed Abubakar Dantsoho as his replacement. Bello-Koko was…

Read More Tinubu appoints Abubakar Dantsoho as MD of NPA
Business Economy headline

Labour meets Tinubu, insists on N250,000 minimum wage

Iheanyi Ejiofor July 12, 2024 No Comments #Bola Tinubu#Festus Osifo#Joe Ajaero#Minimum wage#NLC#TUC

Our reporter/ Organised Labour on Thursday after meeting with President Bola Tinubu at the Presidential Villa, Abuja, said nothing has changed about its demand for N250,000 minimum wage demand. Labour…

Read More Labour meets Tinubu, insists on N250,000 minimum wage

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