No Exemption To Stay-At-Home Order, Says Delta State Government
Ndidi Okereke Government officials, without authorized permit to move around during the 14-day stay-at-home order by the Delta State Government…
Oil falls to $32 as OPEC+ postpones meeting
The international oil benchmark, Brent crude, fell on Monday after Saudi Arabia and Russia postponed a meeting to discuss output…
Petrol subsidy gone forever, says NNPC
The era of subsidy on petrol is gone forever, the Group Managing Director, Nigerian National Petroleum Corporation, Mele Kyari, said…
Nigeria spent N1.5trn to subsidise petrol in 2019
The Federal Government has revealed that it spent about N1.5 trillion to subsidise Premium Motor Spirit (PMS) otherwise known as…
COVID-19: Buhari approves withdrawal of $150m from Sovereign Wealth Fund
The President, Major-General Muhamadu Buhari (retd.), has given approval for the withdrawal of $150m from the Sovereign Wealth Fund for…
Okonjo-Iweala backs African finance ministers on debt relief
A former Minister of Finance, Dr Ngozi Okonjo-Iweala, has supported the call by African ministers of finance to seek for…
Naira under pressure as Nigeria records poor export earnings
The naira is expected to be under intense pressure from the dollar starting next week, no thanks to Nigeria’s poor export…
Dollar sells for N402 on forex sale suspension
The dollar exchanged for N402 on Friday at the Bureau De Change segment of the foreign exchange market. This followed…
‘Total shutdown will cause N3tn loss in poultry investments’
The lockdown of the country as a means to combat the spread of coronavirus may result in the loss of…
Businesses shifting focus to consumables, others
The outbreak of the deadly coronavirus has been a mixed bag for businesses. Many are facing imminent shut down, some…