Category: Business

Petrol

Newly recruited NNPC graduate trainees assume duty Monday

More than 1,000 graduate trainees recently recruited by the Nigerian National Petroleum Corporation (NNPC) are to assume duty Monday 4 May, 2020, a release by the...

May Day: SEC DG hails Nigerian workers

 …Urges them to invest in capital market Nigerian workers have been urged to invest in the Nigerian capital market in a bid to create wealth and save towards...

Lock down: Power generation down to 2983 MW

…National grid collapse imminent The nation was thrown into darkness in the early hours of Wednesday after power generation dropped to 2,900 megawatts as...

Dangote converts lock down period to annual leave

The management of Dangote industries has converted the lockdown period as part of the Leave period for its staff. In an internal memo on Monday by it’s director of...

UBA delivers impressive returns on investment

… As shareholders applaud bank’s support in fight against COVID-19 Leading African financial institution, United Bank for Africa Plc (UBA), held its Annual...

COVID-19: U.S. economy contracts for first time in nearly six years

The US economy contracted for first time in nearly six years between January and March, as the coronavirus crisis put the world in a choke hold. America’s...

Buhari

FG, States, LGAs share N780.926b

  The Federation Accounts Allocation Committee (FAAC) has shared N780.926 billion as March Federation Account Revenue to the Federal, States, Local Governments and...

NNPC

Nigeria posts $434.85m crude oil export sales in January

  … As vandalism of NNPC Pipelines spikes Nigeria recorded crude oil and gas export sale of $434.85million in January, 2020, an increase of 94.30 per cent pitched...

Oil price crash will bankrupt Nigeria’s economy

With oil prices falling below zero dollars per barrel, it’s only a matter of time before Nigeria’s debt-ridden government goes bankrupt. William Ebbs...

Oil price rebounds to $107 per barrel

Nigeria’s budget threatened as oil price crashes

….Now $17dollar per barrel Signs that Nigerias budget may be further threatened was renewed weekend as the price f the black gold dips further to $17dollar per...