CBN decries speculation as naira plunges, exchanges for 465/$
Declining export receipts from oil and speculative activities of the Bureau De Change operators among other challenges of the COVID-19 pandemic on the…
Category: BUSINESS NEWS
Fuel Price in Nigeria Per Litre: Govt Increases Petrol Price to N151.56
The Federal Government has again increased the pump price of petrol to N151.56 per litre, up from N148, the third increase in three…
Jeff Bezos Makes $13 Billion in One Day During Pandemic
The U.S. is hanging on the precipice of economic collapse, with around 25 million Americans slated to be kicked off extended coronavirus pandemic…
FG Moves To End DSTV’s Monopoly, Says Multichoice Is Cheating Nigerians
The Federal Government has revealed plans to end the monopoly enjoyed by cable television service providers, especially Digital Satellite Television, owned by MultiChoice,…
Interstate travel: We may increase fares, says NURTW
The National Union of Road Transport Workers has commended the Federal Government for lifting the ban on interstate travel in the country. Acting…
COVID-19: How to Reopen Businesses after Lockdown’
AS some businesses still warm up for reopening after the lockdown to curtail the spread of coronavirus (COVID-19), Allianz Global Corporate & Specialty…
Finally Multichoice Gives DSTV And GOTV Customers A Worthy Pallatives, Check Yours
To lessen the impact of the ongoing socio-economic crisis, MultiChoice Nigeria has announced that it will be rewarding its customers with mouth-watering discounts…
Dangote loses N240 billion in five hours due to coronavirus
Africa’s richest man Aliko Dangote suffered a huge loss due to coronavirus on Wednesday March 11, as he lost N240 billion in five hours….
NO CAUSE FOR ALARM: Mobile money, ATMs are available during 14-day lockdown
The Central Bank of Nigeria (CBN) says there will be no disruptions in banking services during the 14-day lockdown. This is according to…
Nigeria under the spotlight as Oil tumbles to 17 year low
Fears over Nigeria descending into a recession have intensified after US crude tested levels below $20 for the first time in more than…