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Category: Economy

Business Economy headline

Petrol is N52/litre in Libya – Report

Iheanyi Ejiofor September 23, 2024 No Comments #Libya#Petrol

Libya continues to offer the cheapest petrol in Africa, with the price of octane-95 gasoline (petrol) standing at 0.15 Libyan Dinar per litre, equivalent to approximately $0.032 or N52 as…

Read More Petrol is N52/litre in Libya – Report
Business Economy headline

NOVA Bank appoints new executive directors

Iheanyi Ejiofor September 22, 2024 No Comments #Nova bank

NOVA Bank has announced the appointment of David Isiavwe as Executive Director, Operations and Information Technology, and Chinwe Iloghalu as Executive Director, Institutional and Commercial Banking. These appointments are part…

Read More NOVA Bank appoints new executive directors
Business Economy headline

Naira among 10 worst performing currencies globally – Report

Iheanyi Ejiofor September 21, 2024 No Comments #currency#globalnaira

Nigeria’s local currency, the naira, is among the 10 worst-performing currencies in the world. According to a report by Bloomberg, out of the 10 worst-performing currencies, five are from Africa, including the…

Read More Naira among 10 worst performing currencies globally – Report
Business Economy headline

CBN clarifies controversy over policy document

Iheanyi Ejiofor September 20, 2024 No Comments #CBN#controversy#document#policy

The Central Bank of Nigeria on Friday made some clarifications regarding the Monetary, Credit, Foreign Trade, And Exchange Policy Guidelines For Fiscal Years 2024 – 2025 document published on Tuesday,…

Read More CBN clarifies controversy over policy document
Business Economy headline

NNPC Ltd moves to revive Brass, OK LNG projects

Iheanyi Ejiofor September 20, 2024 No Comments #Brass#LNG#NNPC#OK#Projects

In its continued bid to maximise the nation’s abundant gas resources for economic development and prosperity, NNPC Ltd has begun discussions with investors towards bringing back two Liquefied Natural Gas…

Read More NNPC Ltd moves to revive Brass, OK LNG projects

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