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Category: Business

Business Cover Economy headline

UN Report: Oil-related crimes in 2018 cost Nigeria $2.8bn in revenue

Iheanyi Ejiofor January 8, 2019 headline

The United Nations says Nigeria lost an estimated $2.8 billion in revenue in 2018, mainly due to oil-related crimes. This is according to a new report by the secretary-general on…

Read More UN Report: Oil-related crimes in 2018 cost Nigeria $2.8bn in revenue
Business Economy headline

Forex: CBN makes first intervention of 2019

Iheanyi Ejiofor January 5, 2019 headline

The Central Bank of Nigeria (CBN) on Friday, January 4, 2019, made its first intervention in the inter-bank sector of the Foreign Exchange market for 2019 with a total sum…

Read More Forex: CBN makes first intervention of 2019
Business Economy News

Minimum Wage: FG, Labour resume talks Friday

Iheanyi Ejiofor January 2, 2019

The federal government says it will meet with labour unions to prevent the threat of national industrial action over non transmission of the New National Minimum Wage bill to the…

Read More Minimum Wage: FG, Labour resume talks Friday
Business Economy

Forbes ranks Nigeria 110th best country for business

Iheanyi Ejiofor January 2, 2019

Nigeria has been rated the 110th best country for business in the world in 2019, out of 161 graded countries. Top on the list are United Kingdom (1), Sweden (2),…

Read More Forbes ranks Nigeria 110th best country for business
Business Economy headline

We have generated over $2 billion from the renewal of oil blocks- Kachikwu

Iheanyi Ejiofor January 2, 2019 headline

The minister of state for petroleum resources, Dr. Ibe Kachikwu has said the federal government has generated over $2 billion from the renewal of oil block licences. Kachikwu said in…

Read More We have generated over $2 billion from the renewal of oil blocks- Kachikwu

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