Shell reopens terminal, lifts force majeure on Forcados crude

Shell, Forcados terminal, ExxonMobil debt of N684 billion for oil blocks renewal, SPIP and ExxonMobil debt claims, Femi Falana petition against ExxonMobil

Shell Petroleum Development Company (SPDC), has lifted the force majeure that was earlier declared on the export of crude oil ...

diaspora remittances, Total credit to the economy rose to N19.54trillion – CBN Governor, CRR debits, P-AADS, #EndSARS: CBN says funds in frozen accounts may be linked to terrorist activities, Covid-19: Court closures impacted revenue generation for courts - Emefiele, P&ID dispute: UK Court orders $200 million guarantee to FG, Leaked letter by Poultry Farmers Association triggered CBN emergency approval to import maize, nImplications of CBN's latest devaluation and FX unification, current account deficit, IMF, COVID-19, CBN OMO ban could give stocks a much-needed boost , CBN’s N132.56 billion T-bills auction records oversubscription by 327% , Nigeria pays $1.09 billion to service external debt in 9 months , Implications of the new CBN stance on treasury bill sale to individuals, Digital technology and blockchain altering conventional banking models - Emefiele , Increasing food prices might erase chances of CBN cutting interest rate , Customer complaint against excess/unauthorized charges hits 1, 612 - CBN , CBN moves to reduce cassava derivatives import worth $600 million , Invest in infrastructural development - CBN Governor admonishes investors , Credit to government declines, as Credit to private sector hits N25.8 trillion, CBN sets N10 billion minimum capital for Mortgage firms, CBN sets N10 billion minimum capital for Mortgage firms , Why you should be worried about the latest drop in external reserves, CBN, Alert: CBN issues N847.4 billion treasury bills for Q1 2020 , PMI: Nigeria’s manufacturing sector gains momentum in November, CBN warns high foreign credits could collapse Nigeria’s economy, predicts high poverty, MPC Member, BVN, Fitch, Foreign excchange (Forex), Overnight rates crash after CBN’s N1.4 trillion deduction, Nigeria’s foreign reserves hit $36.57 billion; Emefiele keeps his word on defending the naira, CBN to support maize farmers, projects 12.5 million metric tons in 18 months, BREAKING: CBN Upscales Greenwich Trust Limited, grants it's operational license for merchant banking, AGSMEIS: CBN expand beneficiaries to 14,638., CBN expands access to mortgage financing

CBN warns SMEs not to pay any fee to access its N50 billion stimulus package

by Abiola Odutola

April 13, 2020

The Central Bank of Nigeria (CBN) has warned owners of small-scale businesses and other loan seekers not to pay any ...

NDDC, Cash transfer, President Buhari, non-oil Exports, oil revenue, export revenue, FG Waives import duties for medical supplies, Orders Customs to expedite clearing, Presidency faults report on Kyari as Buhari didn’t cancel memos, appointments approved by him

UPDATE: President Buhari extends lockdown in Lagos, Ogun, Abuja by 14 days

by Abiola Odutola

April 13, 2020

President Muhammadu Buhari has extended the lockdown on Ogun, Lagos and Federal Capital Territory by two more weeks He said ...

OPEC Cut: Nigeria defies Quota, increases crude oil production, FG discloses impact of OPEC+ oil output cut, how to manage post subsidy era

FG discloses impact of OPEC+ oil cut, how to manage post subsidy era

by Chike Olisah

April 13, 2020

The historic oil deal between OPEC and other top oil-producing countries on Sunday, April 12, 2020, did not come without ...

Trump proposes $25 billion bailout for U.S. airlines, President Trump approves Oracle, Walmart deal with TikTok, US gives reasons it warned citizens against travelling to Nigeria, lists 12 high risk states, Donald Trump, What does Iran’s war with America mean for Africa?, US to stop issuing visa for Birth Tourism, Trump Travel Ban List: Why Nigeria should be excluded , US spends over $5b in health assistance to Nigeria in 20 years, gives $32.8m for covid-19, Oil Is Back, YouTube suspends President Trump's account

President Trump says oil cut will be 20 million bpd

by Abiola Odutola

April 13, 2020

US President Donald Trump has disclosed that the Organisation of Petroleum Exporting Countries and allies (OPEC+) is looking at 20 ...

COVID-19: FG decides as the lockdown extension drama unfolds

by Chike Olisah

April 13, 2020

Since the COVID-19 was first confirmed in the Chinese city of Wuhan in late December 2019, the cases have spread ...

DisCos distribute relief items worth millions of naira to cushion lockdown effects

by Chidinma Nwagbara

April 13, 2020

Ibadan Electricity Distribution Company and the Eko Electricity Distribution Company have donated food and relief items to Oyo and Lagos ...

Bitcoin users rise in Nigeria despite Senate, CBN campaign against it, Nigerians losing millions to crypto fraud, Investing in cryptocurrencies in this economic shutdown, Bitcoin could hit above $100,000 by August 2021, Hedge funds, Institutional investors rush to have a stake in Bitcoin, An unknown Bitcoin whale moved $1.3 billion in few mins. Binance, Bitfinex Coinbase, Huobi, receive about 40% of all BTCs , How to buy and sell bitcoins in Nigeria, Investors Are Selling Gold Etf for Cryptocurrency, Investors Are Selling Gold Etf for Cryptocurrency

Investing in Cryptocurrencies during this economic shutdown; here’s your need to know

by Olumide Adesina

April 13, 2020

Selecting which crypto coin to invest in can be complex decision, especially for beginners. It is, therefore, recommended to always ...

Crude oil in Nigeria, Oil producing states in Nigeria, Department of Petroleum Resources, DPR yet to recognise Anambra Enugu and Kogis States as oil producers, West Africa’s crude inventory is building up as demand slows due to Coronavirus, Oil at $26, as Saudi Arabia in no retreat no surrender oil battle with Russia, Crude oil prices fall to $30 as COVID-19 erases gains from oil production cuts, Crude oil prices surge higher as Brent crude hits almost $30 per barrel , Brent crude plunges 5%, world’s second largest economy skips economic growth target

Crude oil prices fall to $30 as COVID-19 erases gains from oil production cuts

by Olumide Adesina

April 13, 2020

Oil prices slumped more than 50 cent a barrel on Monday, even after major producers agreed their biggest-ever output cut.

Facebook launches hub and toolkit for faith-based organisations to operate amidst Coronavirus outbreak

Facebook aids religious gatherings with new products amid Coronavirus outbreak

by Fakoyejo Olalekan

April 13, 2020

Facebook has launched “Faith on Facebook Resource Hub” for faith-based organisations whose services have been disrupted by the Coronavirus pandemic.

Tag: Nigerian Business News