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Category: Business

Business Economy headline

Petroleum Commission to relocate key departments to Lagos

Iheanyi Ejiofor February 15, 2024 No Comments #Lagos

Our reporter/ The Nigerian Upstream Petroleum Regulatory Commission is considering relocating some of its units to Lagos, according to a document seen by Channels. The memo dated February 14, 2024,…

Read More Petroleum Commission to relocate key departments to Lagos
Business Economy headline

Dangote refinery ready to export two cargoes of fuel – Report

Iheanyi Ejiofor February 15, 2024 No Comments #Dangote refinery

Dangote oil refinery has issued Nigeria’s tenders to sell its first two fuel cargoes for export. According to a report by Reuters, the cargo is the first from the multi-billion dollar refinery.…

Read More Dangote refinery ready to export two cargoes of fuel – Report
Business Economy headline

Inflation rate surges to 29.90% pushed by the price of food items

Iheanyi Ejiofor February 15, 2024 No Comments #inflation

Our reporter/ Nigeria’s headline Inflation rose to 29.90 percent in the month of January, the National Bureau of Statistics (NBS) said on Thursday. According to the report, the January 2024…

Read More Inflation rate surges to 29.90% pushed by the price of food items
Business Economy headline

$6.2m Fraud: FG asks Interpol to arrest CBN official, two others

Iheanyi Ejiofor February 14, 2024 No Comments #$6.2m Fraud#CBN#Interpol

The federal government has asked the International Police (Interpol) to place three Nigerians on the watch list over alleged forgery. The suspects—a staff member of the Central Bank of Nigeria…

Read More $6.2m Fraud: FG asks Interpol to arrest CBN official, two others
Business Economy headline

FG moves to regulate food prices

Iheanyi Ejiofor February 13, 2024 No Comments #regulate food prices

Our reporter/ The government of president Bola Tinubu on Tuesday said it plans to establish a National Commodity Board to solve the escalating food inflation in the country. Vice President…

Read More FG moves to regulate food prices

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