Saturday, December 21, 2024

Business News

Port Harcourt Refinery fully operational; not closed – NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) has refuted reports that the revived Port Harcourt refinery has been shut down, stating that the facility is fully operational. The national oil company, in a statement signed by its spokesperson, Olufemi Soneye,...

NGX Group boss advocates authenticity and people-centric leadership at India summit

In an era where demands on leaders are becoming more complex, Temi Popoola, Group Managing Director and CEO of the Nigerian Exchange Group (NGX Group), called for a renewed focus on authenticity and people-centred leadership. as a way to...

Jobs that you can combine with your '9-5' to earn more money

With the current economic situation in the country, supporting yourself and your family with a salary earned from a 9 to 5 job might not be enough or sustainable. The daily increase in prices of goods and services...

Former GMD hails Kyari's mammoth strides in Port Harcourt refinery rehabilitation

The Former Group Managing Directors (GMD) Forum of the Nigerian National Petroleum Company Limited (NNPCL) has commended the incumbent NNPCL under the leadership of Mele Kyari for transforming the Port Harcourt Refinery (PHR) into a state-of-the-art facility. The Forum, which...

Tinubu presents budget estimates of N47.90 trillion for 2025 and forecasts revenue of N34.82 trillion

President Bola Tinubu on Wednesday presented the budget estimates of N47.90 trillion for 2025, assuring the public that his administration would continue to stimulate the country's economy through targeted fiscal stimulus packages, public expenditure and non-inflationary expenditure. During the formal...

NMDPRA seals eight gas stations for aggressive practices

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has sealed eight petroleum retail outlets in and around Warri. The Coordinator of NMDPRA in Delta State, Eng. Victor Ohwodiasa revealed this on Tuesday, stating that the outlets were closed on...

2025: Companies should prepare for more stress —LCCI

The Lagos Chamber of Commerce and Industry (LCCI) has expressed concern that businesses may face more stress in the new year, especially with the constant rise in inflation. The Chamber, in a statement on the November inflation rate, issued on...

How blockchain technology and cryptocurrencies can be of great benefit to the future of the Nigerian economy

Nigeria, Africa's largest economy and most populous country, is at a crossroads where innovation and digital transformation are no longer optional but essential for growth. With increasing economic pressures, including inflation, currency depreciation and limited access to traditional financial...

High interest rates and weakened Naira to sustain trade surplus and capital inflows until early 2025 —Analysts

Various financial and economic analysts have projected that foreign portfolio investment as well as Nigeria's trade surplus will persist into the fourth quarter of 2024 and early 2025. This outlook is supported by the weakening naira, which has made exports...

Indigenous shipowners lose hope over the disbursement of 350 million dollars from the CVFF

Indigenous shipowners have told the Nigerian Tribune that they have lost hope on the disbursement of the $350 million Coastal Vessel Financing Fund (CVFF) in the short term. The CVFF, generated from a 2 per cent surcharge on the contract...
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Rema and Asake among artists to appear on Obama's favorite music of 2024

Former US President Barack Obama has unveiled his highly anticipated annual playlist, highlighting his favorite songs of 2024. This year's...
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