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    • Finance | Banking
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Category: Economy

Business Economy headline

NNPC confirms debts owed to oil traders responsible for fuel scarcity  

Iheanyi Ejiofor September 1, 2024 No Comments #Fuel#NNPC#Oil traders#Olufemi Soneye#scarcity

Our reporter/ The Nigerian National Petroleum Corporation (NNPC) for the first on Sunday admitted that the debts owed international oil traders is responsible for the ongoing fuel scarcity across the…

Read More NNPC confirms debts owed to oil traders responsible for fuel scarcity  
Business Economy headline

CBN sacks NIRSAL MD, directors

Iheanyi Ejiofor September 1, 2024 No Comments #CBN#NIRSAL

The Central Bank of Nigeria (CBN) has terminated the appointments of the board and executive directors of the Nigeria Incentive-Based Risk Sharing System for Agriculture Lending (NIRSAL). The development was…

Read More CBN sacks NIRSAL MD, directors
Business Economy headline

Shell to cut hundreds of jobs

Iheanyi Ejiofor August 30, 2024 No Comments #economy#layoffs#Shelloil

British energy giant Shell plans to cut hundreds of jobs from its oil and gas exploration division as part of a cost-cutting program announced last year, a person familiar with…

Read More Shell to cut hundreds of jobs
Business Economy headline

NNPCL to hand over Warri, Kaduna refineries to private operators

Iheanyi Ejiofor August 30, 2024 No Comments #Kaduna refinery#NNPCL#Warri refinery

Our reporter/ The Nigerian National Petroleum Company Limited on Friday said it is seeking to engage reputable and credible Operations and Maintenance companies, to operate and maintain the Warri Refining…

Read More NNPCL to hand over Warri, Kaduna refineries to private operators
Business Economy headline

FG gives one-month ultimatum to businesses to reduce prices or be sanctioned

Iheanyi Ejiofor August 29, 2024 No Comments #FCCPC#sanction#Ultimatum

Our reporter/ The Federal Competition and Consumer Protection Commission (FCCPC) on Thursday gave businesses across the country one month ultimatum to reduce prices or face sanction from the federal government.…

Read More FG gives one-month ultimatum to businesses to reduce prices or be sanctioned

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