Business
NNPC Defends Plan to Fix Port Harcourt Refinery for $1.5bn, Says New One Will Cost $12bn
The Nigerian National Petroleum Corporation (NNPC) on Monday vigorously defended the approval of a whopping $1.5 billion for the rehabilitation of the Port Harcourt refinery, maintaining that apart from following
Burger King Is Coming To Nigeria To Challenge Domino’s, KFC & Pizza Hut!
Arise Business Analyst Chika Mbonu spoke to the Global Business Report about the latest global fast food franchise to head to Nigeria. Following Domino’s, KFC, and Pizza Hut, Burger
Turkey: An Interfering President And A Central Bank With No Independence
Turkey’s President Recep Tayyip Erdogan, took markets by surprise on March 18th, 2021, when he fired Central Bank Governor Naci Agbal, less than five months into his first term.
Hike, Hold, or Hack? What Will The CBN’s MPC Do To Interest Rates?
Oladipo Ajayi, Head of Fixed Income at Chapel Hill Denham, spoke to the Global Business Report about the March 2021 Monetary Policy Committee. Is Inflation in Nigeria, currently over
Oil Market: Nigeria’s Bonny Light price dips by 36% — Investigation
Bonny light …Affects nation’s revenue, GDP …Rebound not likely in short-term By Udeme Akpan, Energy Editor With the continued negative impact of the Coronavirus pandemic and other factors, the average
Missing oil: Shell remains mute as Aiteo alleges media attacks over $2.7bn case
Shell Petroleum Development Company By Udeme Akpan & Sebastine Obasi THERE are indications that the dispute between Aiteo Group, and Shell Petroleum Development Company, SPDC, has exacerbated as the former,
47 IMTOs get approval to operate in Nigeria
The Central Bank of Nigeria (CBN) has approved 47 companies to operate as international money transfer operators (IMTOs), an effort interpreted as a move towards breaking the historical dominance The
Local carrier to take delivery of Boeing Max aircraft
Nigerian carrier, Air Peace, has disclosed plans to add a brand new Boeing 737-Max aircraft to its fleet and operations. The post Local carrier to take delivery of Boeing Max
Julius Berger, Stanbic IBTC, others lift capitalisation by N178 billion
Following gains recorded by blue-chip stocks, including Julius Berger and Stanbic IBTC, the Nigerian Stock Exchange (NSE) reopened upbeat yesterday as market capitalisation appreciate The post Julius Berger, Stanbic IBTC,
Weak awareness slows insurance policy uptake
PwC Nigeria has revealed in its latest report, entitled: ‘Insurance penetration in Nigeria’ that the nation’s insurance industry is performing below its risk capacity. The post Weak awareness slows insurance
