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Category: Business

Business Economy headline

IMF should provide alternatives to Chinese loans- Elumelu

Iheanyi Ejiofor April 13, 2019 No Comments

Ebun Francis| Mr Tony Elumelu, the Chairman of Heirs Holdings and United Bank of Africa (UBA), has called on the International Monetary Fund to provide Nigeria and other countries alternative…

Read More IMF should provide alternatives to Chinese loans- Elumelu
Business Economy headline

‘We have over 1bn litres of petrol’– NNPC asks Nigerians to ignore rumour of impending fuel scarcity

Iheanyi Ejiofor April 12, 2019 No Comments

Ebun Francis| The Nigerian National Petroleum Corporation (NNPC) has assured Nigerians it has over one billion litres of fuel in reserve and has urged Nigerians to disregard rumours of impending…

Read More ‘We have over 1bn litres of petrol’– NNPC asks Nigerians to ignore rumour of impending fuel scarcity
Business Economy headline

Nigeria to remove fuel subsidy gradually- Finance minister

Iheanyi Ejiofor April 12, 2019 No Comments

Ebun Francis| Finance Minister, Mrs. Zainab Ahmed, on Thursday, said the federal government accepts the International Monetary Fund’s (IMF’s) advice on subsidy removal but said the process will be done…

Read More Nigeria to remove fuel subsidy gradually- Finance minister
Business Economy

800 companies bid for 176 gas flare sites — Kachikwu

Iheanyi Ejiofor April 12, 2019 No Comments

No fewer than 800 companies have bidded for management of 176 gas flare sites in the country, the Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has said. Kachikwu…

Read More 800 companies bid for 176 gas flare sites — Kachikwu
Business Economy headline

IMF urges Nigeria, others to remove subsidy

Iheanyi Ejiofor April 12, 2019 No Comments

Ebun Francis| The managing director of the International Monetary Fund, Christine Lagarde on Thursday said Nigeria and other countries have spent $5.2 trillion on fuel subsidy since 2015. The IMF…

Read More IMF urges Nigeria, others to remove subsidy

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