Business
Group laments N500m daily loss to stripping operation hiccup
A group of licensed customs agents under the aegis of Advocacy for Maritime Development Association (AMDA) has lamented that importers and clearing agents lose about N500 million daily to the
MTN, banks working on sustainable USSD pricing model
MTN Nigeria has said that it is currently engaging the banking community to align on a longer-term pricing structure for Unstructured Supplementary Service Data (USSD) platform. The post MTN, banks
Azman apologises, reshuffles management over safety violations
Embattled Azman Air has apologised for its pushback and allegations against the Nigerian Civil Aviation Authority (NCAA) following its suspension for serial safety violations. The post Azman apologises, reshuffles management
Investors fleeing mining sites as bandits seize control
Nigeria is losing huge revenue as bandits infiltrate mining sites causing investors to flee the sector. Experts have warned that if the criminalities continue unabated, the global mining industry would
FG urged to protect oil price volatility with derivatives
Financial experts have urged the Federal Government to leverage opportunities in exchange-traded derivatives (ETD) to eliminate the risk associated with oil prices. The post FG urged to protect oil price
NSE sustains positive profile as capitalisation gains N13b
Trading on the Nigerian Stock Exchange (NSE) continued in an upward note, yesterday, as more blue-chip stocks appreciated, resulting in a further rise in market capitalisation by N13 billion. The
Oil Market: Non-OPEC supply to grow by 1mb/d in 2021- OPEC
By Udeme Akpan THE Organisation of Petroleum Exporting Countries, OPEC, has predicted that the Non-OPEC oil supply will grow by one million barrels per day, mb/d in 2021. Speaking at
Oil Market: Global demand to grow by 6 mb/d in 2021 ― OPEC
By Udeme Akpan Despite the prolonged Coronavirus pandemic, the Organisation of Petroleum Exporting Countries, OPEC, has predicted that the global demand will increase by six million barrels per day, mb/d
How to borrow cryptocurrency?
According to The World Bank in 2019, loans to the private sector by banks around the world accounted for 90% of global GDP, and interest rates on deposits in the
Nigeria’s economy can grow up by to 10% annually – Ex-CBN Director
Dr Titus Okunrounmu, former Director, Budgeting Department, Central Bank of Nigeria (CBN), says Nigeria’s economy can grow by between seven per cent and 10 per cent annually if the necessary
