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Category: Business

Business Economy headline

Customs faults NNPC’s claim Nigeria consumes 60 litres fuel daily

Iheanyi Ejiofor September 2, 2022 No Comments #Nigeria Customs Service (NCS) NNPC #fuel subsidy

By our reporter| The Nigeria Customs Service (NCS) has dismissed claims by the Nigerian National Petroleum Company (NNPC) Limited that Nigerians consume “60 million litres of petrol daily”. The comptroller-general,…

Read More Customs faults NNPC’s claim Nigeria consumes 60 litres fuel daily
Business Economy headline

Nigeria could play a key role in Europe’s energy transition

Iheanyi Ejiofor September 1, 2022 No Comments #Nigeria #Europe #Energy transition

Nigeria could be emerging as a key strategic partner to Europe’s energy transition, and the Franco-Nigerian relationship is at its heart. University research subsidies, funds for economic development, corporate partnerships,…

Read More Nigeria could play a key role in Europe’s energy transition
Business Economy

Fidelity Bank posts impressive H1 2022 results as profits hits N25.1bn

Iheanyi Ejiofor August 31, 2022 No Comments #Fidelity Bank #profit

-Proposes interim dividend of 10 kobo per share Leading financial institution, Fidelity Bank Plc, has released its H1 2022 results recording a remarkable 21.6% growth in profit to N21.6bn as…

Read More Fidelity Bank posts impressive H1 2022 results as profits hits N25.1bn
Business Economy headline

Emirates restores flight operations to Lagos

Iheanyi Ejiofor August 31, 2022 No Comments #Emirate Airline #UAE #flight operations #Lagos

By our reporter| Emirates Airlines has reinstated flight operations to Lagos, effective September 11, 2022. The airline made the disclosure via email to customers on Wednesday. The move comes following…

Read More Emirates restores flight operations to Lagos
Business Economy headline

CBN report: Nigeria generated N799bn oil revenue in Q1 2022

Iheanyi Ejiofor August 31, 2022 No Comments #CBN #Nigeria #oil revenue

Nigeria generated N799.10 billion from the oil sector in the first quarter of 2022, the Central Bank of Nigeria (CBN) has said. The figure represents a 28.3 percent decline from…

Read More CBN report: Nigeria generated N799bn oil revenue in Q1 2022

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