Mr Ed Ubong, the Managing Director, Shell Nigeria Gas Ltd. (SNG) said on Wednesday that the COVID-19 pandemic had negatively impacted its business in the country.
Oil prices eased on Wednesday on concerns that U.S. fuel demand may not recover as quickly as expected amid stalled talks on an economic stimulus package.
The scarcity of dollars at the parallel market on Tuesday in Lagos forced the Naira down to N480 to a dollar.
Mr Kevin Amugo, Director, Financial Policy and Regulation, CBN, said Nigerian banks recovered about N50.32 million bad loans from debtors within nine days the country commenced...
GSM operator, 9mobile, on Tuesday said it would create 90 millionaires among its customers during its N100 million Mega Promo to reward their loyalty during this...
The Coordinator of Presidential Task Force on COVID-19, Dr Sani Aliyu, says the Aug. 29, resumption of international flights, as announced at the PTF COVID-19 briefing,...
The National Bureau of Statistics (NBS), says Nigeria’s inflation rate has increased by 12.82 per cent (year-on-year) in July 2020.
Oil prices rose on Monday as China’s plans to ship in large volumes of U.S. crude in August and September outweighed concerns over a slowdown in...
The Minister of Finance, Mrs Zainab Ahmed, says unless Nigeria achieves a very strong third quarter 2020 economic performance, the country can slide into recession.
Oil prices held steady on Thursday after the International Energy Agency lowered its 2020 oil demand forecast, following unprecedented travel restrictions and data showing a decline...
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