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Category: Economy

Business Economy headline

Dangote faults CBN’s 26% interest rate

Iheanyi Ejiofor July 2, 2024 No Comments #CBN#Dangote#interest rate#Man#Monetary policy

Our reporter/ Chairman and Chief Executive of the Dangote Group, Aliko Dangote, on Tuesday criticised the latest increment of interest rate to almost 30 per cent by the Central Bank…

Read More Dangote faults CBN’s 26% interest rate
Business Economy headline

FG clears $850m debt to EU airlines

Iheanyi Ejiofor July 2, 2024 No Comments #EU airlines

The federal government has paid up the backlog of debts to European airlines to the tune of $850m. The European Union Ambassador to Nigeria and the ECOWAS, Samuela Isopi, revealed…

Read More FG clears $850m debt to EU airlines
Business Economy headline

Dangote refinery boosts gasoil exports to W. African market

Iheanyi Ejiofor July 2, 2024 No Comments #Dangote refinery#gas oil exports

Nigeria’s new Dangote oil refinery is increasing gasoil exports to West Africa, taking market share from European refiners, according to traders and shipping data. The $20 billion refinery, built by…

Read More Dangote refinery boosts gasoil exports to W. African market
Business Economy headline

NNPC Retail debunks “lubricants-for-petrol” claims, lauches probe

Iheanyi Ejiofor June 30, 2024 No Comments #NNPC

Our reporter/ The Nigerian National Petroleum Company Retail on Sunday debunked the claim that customers are obligated to purchase lubricants or engine oil or other products as a precursor to…

Read More NNPC Retail debunks “lubricants-for-petrol” claims, lauches probe
Business Economy

2,659 Compete as NNPC Foundation unveils business opportunities for Youth Corps Members

Iheanyi Ejiofor June 30, 2024 No Comments #NNPC#Youth corps members

A total of 2,659 members of the National Youth Service Corps (NYSC) across Nigeria have been pre-qualified for the final phase of the NNPC Foundation Business Pitching Exercise. Billed to…

Read More 2,659 Compete as NNPC Foundation unveils business opportunities for Youth Corps Members

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