WORLD: BANK OF ENGLAND CUT ITS KEY INTEREST RATE AS INFLATION SLOWS
Agency Report Following a three-year low in UK inflation, the Bank of England said on Thursday that it was further reducing its main interest rate....
NAIRA DEPRECIATES AGAINST DOLLAR BY 0.6%
The Naira depreciated on Wednesday at the official market, trading at N1,681.65 to the dollar. Data from the FMDQ Exchange’s official trading platform, which...
BUSINESS NEWS: BOOSTING SMALL BUSINESSES INTEGRAL TO ECONOMIC REFORMS – FG
The Minister of Information and National Orientation, Mohammed Idris, has said that boosting small businesses is integral to the economic reform agenda of President Bola...
17 NORTHERN STATES BLACKOUT TO END NOV 12 – FG ASSURES
The Federal Government on Tuesday assured of its commitment to speed up the pace of work to restore electricity to all the affected states in...
PRESSURE BUILDS ON NAIRA, FALLS TO N1,740 ON PARALLEL MARKET
There are signs that the local currency is about to entirely reverse its gains as the depreciation trend reaches a new high, reaching N1,740/$1 on...
JUST IN: NO DEADLINE ON OLD NAIRA NOTES – CBN DEBUNKS FAKE NEWS
The Central Bank of Nigeria (CBN) on Thursday night, debunked news making the rounds in a section of the media, that; old series of the...
TINUBU COMMENDS NIPCO’S INVESTMENTS IN CNG SECTOR
President Bola Tinubu has praised NIPCO’s significant investments in Nigeria’s Compressed Natural Gas (CNG) sector during a meeting with the company’s executives at the State...
TCN PROMISES BUFFER SYSTEM TO AVOID FREQUENT GRID COLLAPSES
The Transmission Company of Nigeria (TCN), has promised a backup or buffer system to ensure that Nigerians won’t be thrown into blackout whenever the national...
NNPC, CHEVRON DISCOVER OIL IN NIGER DELTA
The NNPC Limited – Chevron Nigeria Limited Joint Venture (NNPC-CNL JV) has made a significant near-field oil discovery with the successful drilling of the Meji...
UPDATE: PRICE OF 5KG COOKING GAS RISES TO N6,699 IN SEPTEMBER – NBS
According to the National Bureau of Statistics (NBS), the average price of 5 kg of cooking gas has grown from 6,430.02 in August to N6,699.63...