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Thursday, February 22, 2018
Business

Business

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The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Thursday directed the Nigerian National Petroleum Corporation (NNPC) to ensure that petrol queues were cleared in Abuja before Sunday. Kachikwu gave the directive at a world news conference to...
Following intervention by Federal Government through the Director-General of the Department of State Services, DSS, Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, has suspended its planned strike scheduled to begin today. A statement by the union in Abuja,...
The National Bureau of State (NBS) said residents of Osun, Abia and Benue paid the highest average price for purchase of Premium Motor Spirit (PMS) popularly known as petrol in January. The NBS stated this in “Premium Motor Spirit (Petrol)...
Following the agreement of the Bankers Committee last week to stop the collection of charges and fees on the sale of foreign exchange for invisibles, the Central Bank of Nigeria (CBN) yesterday issued a circular to that effect. The circular...
Some of the most renowned indigenous and international polo teams are set to convene in Lagos, Nigeria to compete for highly coveted trophies in the 2018 Lagos Int’l Polo Tournament. Sponsored by leading African Financial Institution, Guaranty Trust Bank...
Britain’s export finance agency will add the naira to its list of “pre-approved currencies”, allowing it to provide financing for transactions with Nigerian businesses denominated in the local currency. The naira will become one of three West African currencies that...
Filling stations hoarding fuel and also selling above the pump price have been raided by a taskforce in the northern part of the country. Department of Petroleum Resources (DPR), has sealed 14 filling stations in Sokoto and Kebbi States over...
Foremost African financial institution, Guaranty Trust Bank plc, has launched the Dusty Manuscript Contest to give budding writers the opportunity to win publishing deals for their finished, but yet-to-be published, manuscripts. Organized in partnership with publishing houses Okadabooks and...
Oando Plc has stated that its legal tussle with the Securities and Exchange Commission with respect to the planned forensic audit of the oil firm is still on. The spokesperson for Oando, Alero Balogun, told our correspondent in a telephone...
Multinational media group and investor Naspers has allegedly shut down all OLX offices in Africa except the one in South Africa. Operations in Ghana, Nigeria and Kenya are going to be affected by this announcement. OLX is a global classifieds...
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