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Category: Economy

Business Economy

Tinubu sacks FCCPC, BPE chief executives 

Iheanyi Ejiofor January 8, 2024 No Comments #BPE#FCCPC#Tinubu

Our reporter/ President Bola Tinubu on Monday sacked the chief executives of the Federal Competition and the Consumer Protection Commission (FCCPC) and the Bureau of Public Enterprises (BPE). Presidential spokesman…

Read More Tinubu sacks FCCPC, BPE chief executives 
Business Economy headline

CBN settles additional FX forwards with Banks

Iheanyi Ejiofor January 7, 2024 No Comments #CBN#FX Forwards

In fulfilment of its commitment to eliminate the backlog of pending matured foreign exchange in Deposit Money Banks (DMBs), the Central Bank of Nigeria (CBN) has recently disbursed approximately US…

Read More CBN settles additional FX forwards with Banks
Business Economy

Dangote refinery receives fifth one million barrels of crude oil cargo, 6th cargo next week

Iheanyi Ejiofor January 5, 2024 No Comments #Dangote refinery

Dangote Petroleum Refinery, on Thursday, received the fifth crude oil shipment of one million barrels of Bonny Light supplied by the Nigerian National Petroleum Corporation Limited (NNPCL), on Thursday. The…

Read More Dangote refinery receives fifth one million barrels of crude oil cargo, 6th cargo next week
Business Economy headline

FIRS budgets N11bn for long service awards, N5bn for vehicles

Iheanyi Ejiofor January 5, 2024 No Comments #FIRS#Long service award

The Federal Inland Revenue Service (FIRS) has proposed N356.95 billion to the federal government as budget for 2024. TheCable reports that this is contained in the 2024 government-owned entities’ (GOE’s)…

Read More FIRS budgets N11bn for long service awards, N5bn for vehicles
Business Economy headline

Port Harcourt refinery test run to be completed this month

Iheanyi Ejiofor January 5, 2024 No Comments #NNPCPort Harcourt refinery

The test runs at the Port Harcourt refinery this month, the Nigerian National Petroleum Company (NNPC) Limited has said. The corporation’s spokesman, Femi Soneye, who gave the confirmation in an…

Read More Port Harcourt refinery test run to be completed this month

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