Crude oil

Oil Price Falls Again

The woes of the Nigerian economy seems to be compounding with another record fall in the price of oil in the international market which is the mainstay of the Nigerian economy. Brent oil prices tumbled mid-week underneat...
NNPC logo

NNPC Loses N240 Billion In 10 Months

The Nigerian National Petroleum Corporation, NNPC, on Monday, November 30, announced a loss of N240.987 billion in its operations for 10 months, between January and October 2015. In its Monthly Oil and Gas Report for Oct...
Sprite Slam photo

Sprite Triple Slam Lights Up UNIBEN

.(Photo L-R): Operations Marketing Manager, East & Central, Coca-Cola Nigeria Limited, Oletubo Adeyinka; Senior Brand Manager Flavours, Coca-Cola Nigeria Limited, Toyin Nnodi; Anagbado Chimezie (Top Player in Basket...
Naira

Naira Now N225 To A Dollar

The Nigerian Naira on Wednesday firmed against the dollar at the parallel market. The Naira gained N1 on Wednesday afternoon as it traded for N225 against the dollar. It had previously traded for N226 against the dollar....
CBN Logo

CBN To Draw Curtain On BVN In October

The Central Bank of Nigeria (CBN) has made it clear that there would not be further extension when the October 31, 2015 deadline for the Bank Verification Number (BVN) exercise elapses. According to the banking sector re...
Dangote cement

Dangote Slashes Cement Price Again

In an attempt to boost cement consumption, Africa’s largest producer of the building material, Dangote Cement, has cut prices of cement in its home market in Nigeria. CEO of Dangote Cement, Onne van der Weijde, said in L...
NNPC logo

NNPC Now Recovering $9.6bn Owed Nigeria

The Nigerian National Petroleum Corporation (NNPC) has begun the process of recovering over seven billion dollars in over-deducted tax benefits from JV Partners on major capital projects and another 2.46 billion dollars ...