Fuel subsidy rises to N206.6bn in two months
NNPC GMD, Mele Kolo Kyari The amount that was spent by the Nigerian National Petroleum Corporation in subsidising Premium Motor Spirit, popularly known as petrol within a space of two…
NNPC GMD, Mele Kolo Kyari The amount that was spent by the Nigerian National Petroleum Corporation in subsidising Premium Motor Spirit, popularly known as petrol within a space of two…
Power distribution companies in the country failed to remit a total of N1.156tn to the Nigerian Bulk Electricity Trading Plc for the electricity sold to them as of February 2019.…
FILE PHOTO: Danske Bank The European Commission said on Wednesday more should be done to counter the multi-billion-euro flow of dirty money in the European Union as major shortcomings have…
FILE PHOTO: An ANZ bank logo is pictured in Sydney, Australia, April 23, 2018. REUTERS/Edgar Su/File Photo The Australian corporate regulator filed suit against the country’s third-largest bank on Thursday,…
Bussiness and financial district of Levent, which comprises banks’ headquarters and popular shopping malls, is pictured in Istanbul, Turkey Turkey’s central bank slashed its key interest rate by a more…
Pascal Dozie Telecoms giant, MTN has announced the retirement of its board chairman, Pascal Dozie and five other non-executive directors from the telco. In a note to the Nigerian Stock…
The Central Bank of Nigeria (CBN) has said it will place foreign exchange (forex) restrictions on milk importers into the country. Addressing reporters at the end of the bi-monthly Monetary…
Nigerian equities rode on the back of renewed bargain-hunting to a major recovery yesterday, rallying N163 billion gains in its second positive closing in eight trading sessions. With increased demand…
The IMF on Tuesday slashed its economic growth expectation for Latin America in 2019 by more than half compared with estimates from just three months ago, citing its downgrades to…
FILE PHOTO: A Royal Gibraltar Police’s boat guards the Iranian oil tanker Grace 1 as it sits anchored after it was seized earlier this month by British Royal Marines off…