Friesland, Nestle, Promasidor, 3 others get CBN licence to import milk
By Samson Echenim The Central Bank of Nigeria (CBN) on Tuesday announced that only six manufacturing firms could import milk and dairy
SON shuts 13 steel firms over regulatory infractions
The Standards Organisation of Nigeria (SON) National Steel Task Force has sealed 13 steel factories across the country for standards
Nigeria’s state oil firm, NNPC, planning global footprint with expansion
After decades of public expectation, state-owned oil company, Nigerian National Petroleum Corporation (NNPC), now appears ready to
Stocks drop despite a strong monthly employment report
Stocks fell Friday as a massive four-day rally took a breather even after the release of jobs data that was much stronger than
Coronavirus pushes oil to fifth consecutive weekly drop
Oil prices were on track for a fifth weekly decline early on Friday, weighed down by the loss of demand in China amid the coronavirus
Non-oil export earnings fall by 37.8%
Earnings from non-oil exporters fell by 37.8 per cent in the last quarter of 2019, the Central Bank of Nigeria disclosed in the 2019
OPEC committee recommends fresh 600,000bpd oil output cut
With crude oil prices shedding over $11 per barrel this year to $55, thus alarming the producers, a panel set up by the Organisation
Foreign reserves dropped by $4.47bn in 2019 – CBN
Nigeria’s external reserves recorded a decline of $4.47bn from $42.54bn as of the beginning of 2019 to $38.07bn as of the end of
Donald Trump, Xi Jinping reaffirm backing for Phase 1 of US-China trade deal
U.S. President Donald Trump expressed confidence in China’s strength and resilience in confronting its coronavirus outbreak during a
FG plans clampdown on illegal LPG marketers
The Federal Government, yesterday, set a two-month deadline for marketers and dealers of liquefied petroleum gas, LPG, also known as