Business

Bayelsa borrows N43.57bn to augment budget, debt profile hits N212.57bn

The Bayelsa government plans to borrow N43.57 billion to augment the N310.7 billion proposed for the 2022 fiscal year as…

4 years ago

Kyari: With Dangote, NNPC’s refineries, Nigeria needs extra 17m litres of PMS daily

Nigeria needs a refining capacity of about 1.52 million barrels per stream day (MBPSD) to meet its petrol requirement in…

4 years ago

Osun appeals to protesting pensioners, calls for understanding

Osun State Government has appealed to protesting pensioners to be patient with it, declaring that Governor Gboyega Oyetola has spent…

4 years ago

BUA Cement rakes in N74.33bn profit in nine months

BUA Cement Plc has posted a profit before tax (PBT) of N74.33 billion for the third quarter ended September 30.…

4 years ago

COVID-19: London’s Heathrow loses £3.4bn revenue

Heathrow’s losses from the COVID-19 pandemic have hit £3.4 billion ($4.68 billion). The west London airport said it was continuing…

4 years ago

Nestle grows Q3 profit to N51.58bn, to pay 25k dividend

Nestlé Nigeria Plc has posted a profit before tax (PBT) of N51.58 billion for the third quarter ended September 30.…

4 years ago

Emefiele to Buhari: Mr. President, we must stop import dependency

Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has expressed worries over widespread import dependency, which has wiped out…

4 years ago

Digital currency: Why I approved eNaira, by President Buhari

President Muhammadu Buhari has painstakingly explained why he approved the use of the digital currency, eNaira. The President, who spoke…

4 years ago

Mahama, Emefiele, Uzodinma, others grace AEC summit

Former President of Ghana, John Mahama, will be opening the 3rd annual edition of the African Economic Congress (AEC) scheduled…

4 years ago

Buhari off to Saudi Arabi with ministers, Dangote, Rabiu, Wigwe, Tinubu

President Muhammadu Buhari will on Monday October 25 depart for Riyadh, Saudi Arabia, to participate in the investment conference organized…

4 years ago

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