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Category: Economy

Business Economy headline

Nigeria records increase in crude oil production – OPEC report

Iheanyi Ejiofor January 13, 2025 No Comments #crude oil #OPEC #Economy

Nigeria’s daily average oil production rose by 152, 000 barrels per day last November, according to data sourced from the newly released monthly oil market report by the Organization of…

Read More Nigeria records increase in crude oil production – OPEC report
Business Economy Features

Expanding Footprint – Nigeria’s FirstBank sets sights on Ethiopia, Angola, Cameroon

Iheanyi Ejiofor January 10, 2025 No Comments #FirstBank #Footprints

Building on its long-standing presence in sub-Saharan Africa, First Bank of Nigeria Limited is gearing up for its next growth phase as financial systems across the continent open up to…

Read More Expanding Footprint – Nigeria’s FirstBank sets sights on Ethiopia, Angola, Cameroon
Business Economy headline

US to return $52.88 mln in assets forfeited by Diezani Alison-Madueke

Iheanyi Ejiofor January 10, 2025 No Comments #Diezani Alison-Madueke #forfeiture #US

Nigeria and the United States signed an agreement on Friday to repatriate about $52.88 million in assets forfeited by former Nigerian oil minister Diezani Alison-Madueke and her associates. The agreement…

Read More US to return $52.88 mln in assets forfeited by Diezani Alison-Madueke
Business Economy headline

Telecoms tariff will be increased says Communications minister

Iheanyi Ejiofor January 8, 2025 No Comments #Telecoms #Tariff #Bosun Tijani

Our reporter/ The minister of communications, innovation, and digital economy, Bosun Tijani says telecoms tariff will be increased – but not by 100 percent. Speaking at a stakeholders’ meeting on…

Read More Telecoms tariff will be increased says Communications minister
Business Economy headline

Aggrieved disengaged staff sue CBN, demand ₦30bn compensation

Iheanyi Ejiofor January 7, 2025 No Comments #CBN

Disengaged staff members of the Central Bank of Nigeria who were relieved of their jobs in a mass layoff last year have dragged the bank before the National Industrial Court…

Read More Aggrieved disengaged staff sue CBN, demand ₦30bn compensation

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