Business
’24-Hour Electricity’ — Anambra Signs MoU On Power Supply With EEDC
The Anambra government has signed a memorandum of understanding (MoU) with the Enugu Electricity Distribution Company (EEDC) to guarantee steady power supply in the...
Electricity Union Expels Ex-President Over Refusal to Vacate Office
The Senior Staff Association of Electricity and Allied Companies (SSAEAC) has expelled its immediate past National President, Chris Okonkwo, from the union. The...
CBN confirms evacuation of banknotes to banks, orders DMOs to open Saturdays, Sundays
As part of efforts to ease the circulation of banknotes, the Central Bank of Nigeria (CBN) has ordered the evacuation of banknotes from its vaults to commercial banks...
FG promises full take off of Nigeria Air before May 29
The Federal Government has assured that the nation’s national carrier, Nigeria Air would begin operations before May 29, 2023. Minister of Aviation, Hadi Sirika,...
Oil slides as U.S. holds off refilling strategic reserve
Oil prices fell sharply on Friday amid declining European banking shares and after U.S. Energy Secretary Jennifer Granholm said refilling the country’s Strategic...
Oil dips after Fed comments, US crude stock build
Oil prices fell on Thursday following three sessions of gains, after Federal Reserve Chair Jerome Powell highlighted banking sector credit risks for the world’s...
Oil slips on demand fears, market awaits Fed decision
Oil prices edged lower on Wednesday following fresh indications of weak demand, and as the market awaited a crucial interest rate decision by the US Federal Reserve....
CBN Raises interest rate to 18%
The Monetary Policy Committee of the Central Bank of Nigeria has raised the interest rate to 18 percent. The CBN governor, Godwin Emefiele disclosed this at the...
