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Category: Business

Business Economy headline

FG explains OPEC+ cut of Nigeria’s crude oil production

Iheanyi Ejiofor October 19, 2022 No Comments #OPEC+ Nigeria #crude oil production

Our reporter| The decision of the Organisation of Petroleum Exporting Countries (OPEC+) to cut Nigeria’s crude oil production downward by two million barrels per day was unanimous, the federal government…

Read More FG explains OPEC+ cut of Nigeria’s crude oil production
Business Economy

Governors converge in Abuja for broadband awareness forum

Iheanyi Ejiofor October 19, 2022 No Comments #Nigerian Communications Commission (NCC) #broadband awareness

All Nigeria State Governors are set to discuss how to empower the citizens with latest telecoms technologies as they partake in the maiden edition of Broadband Technical Awareness Forum for…

Read More Governors converge in Abuja for broadband awareness forum
Business Economy headline

Kogi assembly summons BUA over ‘failure to pay’ for 50k-hectare land acquired in 2012

Iheanyi Ejiofor October 18, 2022 No Comments #Kogi assembly #BUA

The Kogi house of assembly has summoned BUA Group, a cement manufacturing firm, over a 50,000-hectare land it acquired 10 years ago, but has not been paid for, allegedly. The…

Read More Kogi assembly summons BUA over ‘failure to pay’ for 50k-hectare land acquired in 2012
Business Economy headline

NLNG shuts gas operations over flooding

Iheanyi Ejiofor October 18, 2022 No Comments #NLNG #Gas #flooding

The Nigeria Liquefied and Natural Gas (NLNG) Company has declared force majeure over the flooding ravaging the country which has disrupted supply, a spokesman for the company said on Monday.…

Read More NLNG shuts gas operations over flooding
Business Economy

Ghana’s cedi now world’s worst-performing currency against US dollar – Report

Iheanyi Ejiofor October 17, 2022 No Comments #Ghana #cedi #worst-performing currency

The Ghanaian cedi has become the worst performing currency in the world after it lost 45.1 percent of its value to the US dollar this year. According to Bloomberg, the…

Read More Ghana’s cedi now world’s worst-performing currency against US dollar – Report

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