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Category: Business

Sanwo-Olu to UK: Consider Lagos Destination of Choice for Investments
BusinessNews

Sanwo-Olu to UK: Consider Lagos Destination of Choice for Investments

NEWS BAR NGFebruary 15, 2024February 15, 2024

Lagos State Governor, Mr. Babajide Sanwo-Olu, yesterday, implored foreign investors, particularly the business community in the United Kingdom to consider…

NUPRC Engages Totalenergies on Offshore Oil Devt, Domestic Crude Obligation
BusinessNews

NUPRC Engages Totalenergies on Offshore Oil Devt, Domestic Crude Obligation

NEWS BAR NGFebruary 12, 2024February 12, 2024

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is in discussions with TotalEnergies on its plan to focus on its offshore…

Forex Market Records $1.83 Billion Turnover in One Week Amid Reforms
BusinessNews

Forex Market Records $1.83 Billion Turnover in One Week Amid Reforms

NEWS BAR NGFebruary 10, 2024February 10, 2024

*Cardoso urges Nigerians to moderate appetite for dollar, patronise local services *Says apex bank has resolved to end ways and…

We are not increasing price of fuel- NNPC
BusinessNews

We are not increasing price of fuel- NNPC

NEWS BAR NGFebruary 8, 2024February 8, 2024

Wunmi Semudara  The Nigerian National Petroleum Company Limited has urged Nigerians to shun the rumor suggesting possible increase in fuel…

MAN: Banning Spirit Drinks in Sachets, Will Endanger 500,000 Jobs, Hurt Billions of Naira Investments
BusinessNews

MAN: Banning Spirit Drinks in Sachets, Will Endanger 500,000 Jobs, Hurt Billions of Naira Investments

NEWS BAR NGFebruary 8, 2024February 8, 2024

The Manufacturers Association of Nigeria (MAN) has raised concern over the recent ban imposed on the production of spirit drinks…

Nigerian’s economy is on the right track- Bayo Onanuga
BusinessNews

Nigerian’s economy is on the right track- Bayo Onanuga

NEWS BAR NGFebruary 5, 2024February 6, 2024

Omowunmi Semudara Mr. Bayo Onanuga, the Special Adviser to the President on Information and Strategy ,has said President Tinubu is…

Foreign portfolio investors showing  interest in Nigerian market- CBN
BusinessFinanceNews

Foreign portfolio investors showing interest in Nigerian market- CBN

NEWS BAR NGFebruary 5, 2024February 6, 2024

Wunmi  Semudara The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has announced that foreign portfolio investors (FPIs)…

Shell, NNPC, Others Take FID on 10-year Gas Supply to Dangote Fertiliser Plant
BusinessNews

Shell, NNPC, Others Take FID on 10-year Gas Supply to Dangote Fertiliser Plant

NEWS BAR NGFebruary 5, 2024February 5, 2024

The Shell Petroleum Development Company of Nigeria Limited (SPDC) and its joint venture partners comprising the Nigerian National Petroleum Company…

FG Shoots Down Report of Plans to Convert $30bn Domiciliary Accounts to Naira
BusinessNews

FG Shoots Down Report of Plans to Convert $30bn Domiciliary Accounts to Naira

NEWS BAR NGFebruary 4, 2024February 4, 2024

*Allegation aims to trigger panic in foreign exchange market, says CBN *FG determined to stabilise forex, ease living cost, Idris…

Investors on stock market gain N899bn
BusinessNews

Investors on stock market gain N899bn

NEWS BAR NGFebruary 3, 2024February 3, 2024

Transaction at the stock market on Friday showed that investors gained N899 billion. Specifically, the market capitalisation, which opened at…

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