The Nigeria Labour Congress (NLC) has said no to the new price regime announced by PPPRA describing it as shocking and embarrassing.…
Business News Report
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BY DR. Olisa Agbakoba SAN Introduction The massive macro-financial shock caused by Covid-19 has continued to ravage the global economy putting all…
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The Government of Madagascar has received $2.13 million from the African Risk Capacity Insurance Company Limited (ARC Ltd) to cover anticipated losses…
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Ecobank Nigeria has restated its unwavering commitment to support and sustain the development of Small and Medium Enterprises (SMEs) in all sectors…
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By Mrs. Toki Mabogunje, There is perhaps no better timeto focus on business survival in challenging times than now. Moments like these…
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The All Progressives Congress APC has generated the sum of ₦258.27 million from the sale of nomination and expression of interest forms…
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Oil majors Eni and Royal Dutch Shell were aware that most of the money they spent to buy a Nigerian oilfield in…
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The Nigerian Content Development and Monitoring Board (NCDMB) has signed an equity investment agreement with Duport Midstream Company for the establishment of…
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The Nigerian National Petroleum Corporation (NNPC) has called on members of the public to discountenance reports of a possible fire outbreak from…
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Federal Government has put the management of NSITF on indefinite suspension. The Managing Director/Chief Executive of the Nigeria Social Insurance Trust Fund…
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World Bank has said that Nigeria and Ghana have remained in the lower middle income countries classification while Benin, Tanzania and Algeria…
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The path to a COVID-19 vaccine has started to come into view this week, following the stock-moving disclosures of early-stage clinical data…
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The All-Share Index lost 90bps following price declines in GUARANTY (-5.3%), ZENITH (-5.7%) and UBN (-9.3%) to close at 24,374.40 points. Consequently, market capitalisation declined ₦115.1bn to ₦12.7tn while YTD loss…
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Dare devil pirates attacked Addax oil production vessel off Nigeria and kidnapped nine Nigerian nationals, its owner BW Offshore said. The floating…
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BusinessEconomyNewsOil and Gas
PPPRA announces a new petrol pump price of N140.80 for July as prices of crude oil rise
The Petroleum Products Pricing Regulatory Agency has announced a new price band of N140.80 to N143.80 per litre for Premium Motor Spirit,…