The private sector-driven Niger Republic facilitated approved petroleum refinery in Mashi in Kastina state would cost $2 billion. The planned refinery would have the capacity to produce 150, 000 barrels…
Read More Nigeria, Niger in $2b refinery deal
Category: Economy
Why MPC retains interest rate at 14% – Emefiele
By Emeka Ejere The Central Bank of Nigeria (CBN), Governor Mr. Godwin Emefiele, said the apex bank kept its main interest rate on hold at 14 percent, for the…
Read More Why MPC retains interest rate at 14% – Emefiele
PZ Cussons sees challenging year as profit drops on weak Nigeria sales
By Emeka Ejere Soaps and cosmetics maker PZ Cussons Plc posted on Tuesday a double-digit drop in annual pretax profit and expects another challenging year ahead, hit by lower…
Read More PZ Cussons sees challenging year as profit drops on weak Nigeria sales
We are not paying $300m for 5% stake in Air- Nigeria- Sirika
Ebun Francis| The minister of state for aviation, Hadi Sirika, on Monday said the federal government is not paying $300 million for a five per cent stake in Nigeria Air.…
Read More We are not paying $300m for 5% stake in Air- Nigeria- Sirika
Saraki calls for ‘multi-dimensional approach’ to Nigeria’s economy
By Emeka Ejere The Senate President, Dr Bukola Saraki, has called for a multi-dimensional approach in managing Nigeria’s economy. Saraki made this call at the Second Capital Market…
Read More Saraki calls for ‘multi-dimensional approach’ to Nigeria’s economy