Business

Don’t link your SIM cards to another person’s NIN – NCC

The Nigerian Communications Commission has advised telecommunication subscribers not to allow their National Identification Numbers to be linked to another person’s...

Piracy and armed robbery incidents at lowest level in decades – IMB

A latest report by the International Maritime Bureau (IMB) has shown that global piracy cases have dropped to the lowest level since 1994. According to the report, the...

Oil prices reverse earlier losses on China energy demand concerns

Oil prices rose on Tuesday, recouping earlier losses, as falling temperatures in China, revived concerns about its ability to meet heating demand needs amid power and...

Oil prices climb as COVID recovery, power generators stoke demand

Oil prices hit their highest level in years on Monday as demand recovers from the COVID-19 pandemic, boosted by more custom from power generators turning away from...

Oil falls on concerns of faltering economic growth to hit demand

Oil prices dropped on Wednesday on concerns that demand growth will fall as major economies suffer through inflation and supply chain issues though surging prices for...

Okonjo-Iweala advices Nigeria to cut down trade costs

The Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, says Nigeria needs to cut down its trade and infrastructure costs to attract more...

Nigeria Ranks 6th Among Countries Benefitting from World Bank Loans

Nigeria has been ranked sixth among the top 10 countries with the highest exposure to funds and support from the World Bank. According to the International Finance...

Customs Rakes N128bn From Onne Port In 9 Months

Onne Port in Rivers state has raked in a total of N128.3 billion as revenue from January to September 2021, for the Nigeria Customs Service, Area II Command. The...

Nigeria must tackle debt challenges – Adesina

President of the African Development Bank, Akinwumi Adesina, has urged Nigeria to decisively tackle debt challenges, adding that debt service costs and poor foreign...

Oil rises close to multi-year high on energy crunch fears

Oil rose towards $84 a barrel on Tuesday, within sight of a three-year high, supported by a rebound in global demand that is contributing to energy shortages in big...