BUSINESS
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Nigeria’s inflation rate rises to 11.85% in November 2019
The National Bureau of Statistics (NBS) has said Nigeria’s inflation increased by 11.85 percent in November 2019, gaining 0.24 percent…
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Turkish Airlines promises aircraft upgrade amid suspension from Nigeria
Turkish Airlines has made a pledge to commence the immediate freight of all leftover passengers’ baggage in Turkey to Nigeria.
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FG vows to disconnect Benin, Togo over $16m power debts
The Federal Government has vowed to disconnect neighbouring Niger Republic and Togo’s power supply if they fail to pay their…
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Online video streams revenues projected to worth $149bn by 2026
The global video streaming market remains in rude health with the latest predictions from Allied Market Research estimating it will be worth…
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Nigeria’s usage of bitcoin rises despite warnings they are not legal tender
The Chartered Institute of Bankers of Nigeria, CIBN, has said Nigeria's usage of bitcoin has continued to rise despite warnings…
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Pirates kidnap crew members from Greek tanker off Nigeria
Pirates have kidnapped 19 crew members from a crude oil tanker off Nigeria, an official with the ship’s operator said…
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OPEC and allies prepare to deepen oil supply cuts in 2020
The Organization of the Petroleum Exporting Countries, OPECand its allies led by Russia were moving closer on Thursday, December 5,…
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Banks’ Non-Performing Loans decline by 50.89 per cent- NBS
The National Bureau of Statistics in Abuja on Tuesday, December 3, 2019 disclosed in its banking sector report that between…
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AfDB approves $210m power projects in Nigeria
The board of the African Development Bank during its board resolution at their headquarters in Abidjan on Wednesday approved $210m…
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Chevron to Sell off Two Nigerian Offshore Blocks
Chevron Nigeria Limited has revealed that it will sell off its stakes in two Nigerian offshore oil and gas blocks,…
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