Category: Business

Jun 03
Is Nigeria’s Bread price hike a result of price-fixing?

“After considering the impact of the skyrocketed prices of baking…

Jun 03
Naira gains 94 kobo, as move begins to end street hawking of foreign currencies

On Wednesday the Naira gained 0.23 percent, or 94 kobo, versus the US dollar in the…

Jun 03
NNPC to acquire stake in BUA refinery, four others amid talks with Dangote

Dangote refinery is not the only refiner the Nigerian National Petroleum Corporation…

Jun 03
Why Africa must restructure debt – Okonjo-Iweala

The Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala,…

Jun 03
Lagos to collaborate with Facebook, Google to build biggest tech hub

The Lagos State Government in collaboration with Facebook and Google has concluded…

Jun 03
Gold struggles to maintain $1,900 mark

Gold started the Asian session today bearish, but remained near its 10-year high. The…

Jun 02
Nigerian cinemas to raise ticket prices

Cinema companies are gearing up to increase ticket prices across their locations in…

Jun 02
The Palms parent company completes Shoprite Nigeria acquisition

The acquisition of Shoprite Nigeria has finally been completed, with Ketron Investment…

Jun 02
Oil price hits 30-month high, after OPEC positive demand projection

The price of oil has hit a 30-month high following a positive demand outlook by the…

Jun 02
Top 8 penny stocks outperforming Nigeria’s inflation rate

For starters, penny stocks have a low price per share value that falls within the…

Jun 01
Nigeria yet to explore 5,300 oil reservoirs

The Department of Petroleum Resources (DPR) has revealed that about 5,300 discovered…

Jun 01
Nigerian govt issues stern warning to MDAs, as work begins on 2022 budget

The federal government has warned accounting officers in charge of preparing personnel…

Jun 01
At 37.5%, Bitcoin records biggest monthly slip in two years

Bitcoin recorded its biggest monthly fall in over two years as it declined by 37.5…

Jun 01
MTN, Airtel make N720.1 billion from voice, data, others in 3 months

MTN Nigeria and Airtel Nigeria made N720.07 billion from Voice, Data, and Other…

Jun 01
Brent crude hits $70

Oil prices rose during the Asian session today as Brent Crude broke through $70 due to…