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Business and Economy

GCEO of NNPC dismissed is not our decision, Tinubu will decide -Soneye

December 30, 2024 Editor Newsie 0

By Divine Sam The Nigerian National Petroleum Corporation (NNPC) has dismissed claims that its Group Chief Executive Officer (GCEO), Mele Kyari, will exit the company […]

Nigerian Naira will depreciate to a fair value of N1,804 per dollar by 2025 in the official market- CBN

December 29, 2024 Editor Newsie 0

By Divine Sam A recent report by Afrinvest projects that the Nigerian Naira will depreciate to a fair value of N1,804 per dollar by 2025 […]

China, Nigeria renewed currency swap agreement, worth 15 billion yuan $2 billion to enhance trade investment between the two countries.

December 28, 2024 Editor Newsie 0

By Divine Sam China and Nigeria have renewed their currency-swap agreement, worth 15 billion yuan ($2 billion), to enhance trade and investment between the two […]

Gov. Otti of Abia state signed N750.28b budget for 2025.

December 28, 2024 Editor Newsie 0

By Divine Sam Abia State Governor, Alex Otti, has signed a N750.28 billion budget for the 2025 fiscal year, which was recently passed by the […]

Flight delay: NCAA summons domestic CEOs to address major challenges.

December 28, 2024 Editor Newsie 0

By Divine Sam The Nigerian Civil Aviation Authority (NCAA) has summoned the Chief Executive Officers (CEOs) of domestic airlines to a meeting over the ongoing […]

Ministry of works proposes N310m for fuel and lubricants in 2025 budget.

December 27, 2024 Editor Newsie 0

By Divine Sam The Ministry of Works has proposed a significant increase in its fuel and lubricants budget for the 2025 fiscal year, requesting a […]

Christmas: Nigerians battle wilth transport, goods as everything skyrocket.

December 25, 2024 Editor Newsie 0

By Divine Sam As Christmas 2024 arrives, many Nigerians are struggling with the soaring cost of transportation and food items, exacerbating the hardship caused by […]

NNPC reduce Petrol price N965 per litre, down from N1,040.

December 24, 2024 Editor Newsie 0

By Divine Sam The Nigerian National Petroleum Company Limited (NNPCL) has again reduced the retail price of Premium Motor Spirit (PMS) to N965 per litre, […]

Yuletide: Prices of goods skyrocketing in Kaduna market

December 24, 2024 Editor Newsie 0

The situation in Kaduna, as Christmas approaches, paints a stark picture of economic hardship. Prices of basic food items like rice, beans, yams, and noodles […]

Port harcourt refinery stop operation again after $1.5b rehabilitation investment recently.

December 21, 2024 Editor Newsie 0

By Divine Sam The Port Harcourt Refinery, recently rehabilitated with a $1.5 billion investment, has reportedly halted operations again less than a month after its […]

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