Businessam Staff
NNPC: It’s very difficult for us to make fuel available at N145
Mele Kyari, group managing director of the Nigerian National Petroleum Corporation (NNPC) says it is very difficult to make fuel…
No state’s revenue was enough to fund its 2018 budget – NEITI
None of the 36 states of the federation could fund their budgets from total revenue received in 2018, the Nigerian…
Oil hits six-week high on Gulf of Mexico storm, Iran tensions
Oil prices hit a six-week high on Thursday as oil rigs in the Gulf of Mexico were evacuated ahead of…
Oil firms, shipping lines to pay 2% cabotage fees in Nigeria after landmark judgement, says NIMASA
By Samson Echenim Following a landmark judgement that redefined oil rigs as cabotage vessels, the Nigerian Maritime Administration and Safety…
Rendeavour to invest over $250m worth of infrastructure in Alaro city
Rendeavour, the biggest new city builder in Africa, will be investing over $250 million worth of infrastructure in Alaro City,…
Instagram introduces new feature to curb cyber-bullying
Instagram is working on a new feature to root out bullying on its platform by allowing users to shadow ban…
Access Bank wins FAW impact award
Access Bank Plc. has emerged winner of the 2019 "Financial Alliance for Women (FAW) Market Champion" award for its efforts…
AfDB allays manufacturers’ fears, says factories will benefit most from AfCFTA
By Samson Echenim with agency reports Against local manufacturers fears that the African Continental Free-Trade Agreement (AfCFTA) recently ratified…
MTN Nigeria slashes data prices
MTN Nigeria says that it has reduced the price of internet data for consumers on its network. Addressing journalists at…
CBN reduces banks daily deposits at standing deposit facility to N2bn
Effective from tomorrow (July 11), the Central Bank Bank of Nigeria says it will no longer remunerate daily bank deposit…
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