Month: January 2019
China’s economy is expected to cool further this year as domestic demand weakens and exports are hit by U.S. tariffs, a Reuters poll showed on Thursday. This is reinforcing views that Beijing will need ...
China’s central bank injected a record $83 billion into the country’s financial system on Wednesday, seeking to avoid a cash crunch that would put further pressure on the weakening economy. China’s policymakers are pledging ...
Majority shareholder of Forte Oil Plc, Mr Femi Otedola , is planning to buy out the company’s upstream services and power distribution firm to be ratified by the shareholders on Feb. 7. Mr Akinleye Olagbende, ...
The National Bureau of Statistics (NBS) said the average cost of refilling a five kilogramme(kg) cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased from N2,084.74 in N0vember 2018 to N2,052.79 in December 2018. The ...
The Nigerian National Petroleum Corporation (NNPC) says the country earned 640.35 million dollars from the export of crude oil and gas for the month of October, 2018. The corporation disclosed this in its monthly ...
Two employees of the Nigeria National Petroleum Cooperation (NNPC) on Tuesday appeared before an Ikeja Chief Magistrates’ Court charged with defrauding their employer of N1.2 million. Olufemi Oladipupo, an accounts officer, and Akinwale Balogun, ...
Oil prices rose on Tuesday amid supply cuts by producer club OPEC and Russia, although a darkening economic outlook may soon weigh on growth in fuel demand. Brent crude oil futures LCOc1 were at ...
Some financial experts on Tuesday urged the Federal Government to widen the nation’s tax base and sell identifiable productive assets to tackle rising debt profile. They made the call in an interview with the ...
Sterling fell from a two-month high versus the dollar on Tuesday and volatility levels spiked as markets braced for parliament to give the thumbs-down to British Prime Minister Theresa May’s Brexit deal later in the ...
The Kaduna State Government says it spent N3.5 billion on 37 projects in the last three and half years in Giwa Local Government area of the state. This is contained in a report of ...
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