Business

N1.2bn fraud: Court remands ponzi operator till Sept 30

A ponzi scheme operator, Michael Ukiye Diongoli, who is being tried for allegedly defrauding his victims of N1,286,580,656, has been…

4 years ago

Rising inflation: CBN raises interest rate to 14%

The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which measures interest rate, from 13 percent…

4 years ago

Heritage Oil appoints Ado Oseragbaje new CEO

Heritage Oil Limited (HOL) has appointed Adogbeji Oseragbaje as its new Chief Executive Office. The appointment took effect from 14th…

4 years ago

NERC: 57% electricity consumers on estimated billing

The Nigerian Electricity Regulatory Commission (NERC) has disclosed that 57.07 per cent of electricity consumers in the country were still on…

4 years ago

NNPC plans 1,000 fuel retail outlets in six months

The Nigerian National Petroleum Company Limited (NNPC Limited) is poised to grow its fuel retail presence from 547 to over…

4 years ago

Buhari unveils Africa’s largest oil coy, tasks NNPCL on value delivery

President Muhammadu Buhari on Tuesday unveiled the new Nigerian National Petroleum Company Limited (NNPC Limited). The President affirmed that the…

4 years ago

Emefiele, Dangote, Ovia, others to grace Zenith Bank’s trade seminar

The 7th Annual Edition of the Zenith Bank International Trade Seminar is set to attract major stakeholders in the Nigerian…

4 years ago

Airtel Nigeria appoints Ayo-Elias as HR Director

Telecommunications services provider, Airtel Nigeria, has appointed Adebimpe Ayo-Elias as Director of Human Resources and Administration. Prior to her elevation, Ayo-Elias held…

4 years ago

Nigeria’s inflation rate hits 18.6%

The National Bureau of Statistics (NBS) has said that Nigeria’s inflation rate rose to 18.6 per cent in June 2022.…

4 years ago

DMO: Nigeria’s public debt may rise by 27%

The Debt Management Office (DMO) has predicted an increase in Nigeria’s total public debt before the end of this year…

4 years ago

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