Business and economic news from Nigeria and around the world.
Oil price bounce back in early trading as OPEC+ agree cuts
Don’t Miss: Electricity employees asked to withdraw services on Wednesday, June 7
Foreign airlines’ trapped funds in Nigeria soar to $812.2 million, amid calls for action
SERAP asks Tinubu to probe missing $2.1 billion oil revenue, N3.1 trillion subsidy payments of face legal action
Fuel subsidy removal: Tinubu is working on palliatives — APC Official
Petrol subsidy removal: NLC suffers setback as Northern, South-West chapters pull out of planned strike
Estate Waves launches Meta Egypt, and expands the proptech ecosystem in Africa
Insights: Increase in taxation squeezes household expenditure and business expansion -Yemi Kale
Insights: Yemi Kale reveals key advantages and limiting factors for Nigeria’s economy
RESULT: FBN Holdings Plc reports 53.64% growth in PBT for Q1 2023
LEGAL OPINION: NNPCL is just like Total, Shell, ExxonMobil; cannot fix fuel prices – Falana