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Category: Economy

Business Economy headline

1bn barrel of crude oil discovered in Northeast – Sylva

Iheanyi Ejiofor February 13, 2020 No Comments #1bn barrel of crude oil discovered in Northeast – Sylva

The Minister of State for Petroleum Resources, Chief Timipre Sylva, said that about one billion Barrels of Crude oil have been discovered in Northeastern part of Nigeria. Sylva made the…

Read More 1bn barrel of crude oil discovered in Northeast – Sylva
Business Economy

CBN Injects Another $210m into Forex Market

Iheanyi Ejiofor February 12, 2020 No Comments #CBN Injects Another $210m into Forex Market

The Central Bank of Nigeria (CBN) has again injected the sum of $210 million into the inter-bank Foreign Exchange Market to boost liquidity in the sector. Sources at the Bank…

Read More CBN Injects Another $210m into Forex Market
Business Economy headline

Milk, dairy products no longer eligible for forex – CBN

Iheanyi Ejiofor February 11, 2020 No Comments #Milkdairy products no longer eligible for forex - CBN

Chidi Samuel| Milk and dairy products has been added to the list of items not eligible for forex, according to a notice published by the Central Bank of Nigeria on…

Read More Milk, dairy products no longer eligible for forex – CBN
Economy headline

Border closure: ECOWAS leaders set up committee

Iheanyi Ejiofor February 10, 2020 No Comments Border closure: ECOWAS leaders set up committee

The Authority of ECOWAS Heads of State and Government has constituted a committee, headed by President Roch Marc Christian Kabore of Burkina Faso, to study and make a full report…

Read More Border closure: ECOWAS leaders set up committee
Economy headline

Outrageous bills: How IKDC is killing our business – Theodawn Hotels

Iheanyi Ejiofor February 10, 2020 No Comments Outrageous bills: How IKDC is killing our business – Theodawn Hotels

BY EMEKA EJERE The management of Theodawn Hotels & Suites, Ikeja , has petitioned the Nigeria Electricity Regulatory Commission (NERC) over what it described as the incrementally outrageous bills the…

Read More Outrageous bills: How IKDC is killing our business – Theodawn Hotels

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