Business
The rhythm of Nigeria's business world
Categories
Trending articles
-
-
Article 'Why the New National ID Card Will No Longer Be Free for Nigerians - NIMC'- Nigeria News
Comments: 0 -
Article 'Auditor-General Uncovers N197.72bn Contract Fraud in Nigerian MDAs'- Nigeria News
Comments: 0 -
-
Article 'Power Supply Shortage: NERC Mandates DisCos to Adjust Band A Customer Levels'- Nigeria News
Comments: 0
Latest comments
-
-
Everything You Need to Know About the NDDC Youth Internship SchemeI want to apply
- akeri akpokabowei
Aliko Dangote, Africa’s wealthiest man, has announced he will not purchase Arsenal for $4 billion, citing financial impracticality. In a Bloomberg interview, he emphasized his commitment to completing his $20 billion refinery project over acquiring the football club, expressing continued loyalty...
Aliko Dangote urges the Nigerian government to remove the unsustainable petrol subsidy, citing its financial strain. He emphasized transparency in fuel consumption through his refinery and criticized current fuel pricing. Nigerians expressed mixed reactions, questioning the subsidy’s existence...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) will meet with Dangote Refinery this week to discuss direct petrol lifting and potential price reductions. The collaboration aims to enhance petrol distribution and address supply challenges, with the hope of improving...
In August 2024, the price of a 12.5kg cooking gas cylinder in Nigeria surged to an average of ₦15,552.56, a 69.15% increase from the previous year. The National Bureau of Statistics also reported rising prices for 5kg cylinders, highlighting ongoing economic challenges for consumers.
In August...
Nigeria's external reserves reached a 22-month high of $37.31 billion in September 2024, fueled by foreign investments, government bonds, and remittances. Despite the boost in reserves, the naira remains weak. Key inflows include AfreximBank loans, World Bank support, and rising foreign...
Chief Afe Babalola has urged the Nigerian National Petroleum Company to allow Dangote Refinery to sell petrol directly to consumers at lower rates, promoting competition and benefiting Nigerians. He received the “Outstanding Achiever of All Time” award from the Ekiti-Kete Coalition in the U.S...
Nigeria's rising fuel prices have raised public concern, with many blaming local producers like Dangote Refinery. However, OPEC emphasizes that taxes imposed by major oil-consuming nations are primarily responsible. OPEC's Secretary-General urges the Nigerian government to address multiple...
Minister of Finance Wale Edun announced that Nigeria has stopped using the "ways and means" method to finance government debt through the Central Bank. Edun also highlighted efforts to boost agriculture, reduce taxes on businesses, and support manufacturers with fiscal measures aimed at...
The World Bank is poised to approve a $1.5 billion loan to Nigeria by September 26, 2024. This funding will support three key projects in healthcare, agriculture, and infrastructure, aimed at enhancing economic stability and sustainable development across the country.
The World Bank is set to...
PZ Cussons Plc plans to sell its African business, including a 73.27% stake in PZ Cussons Nigeria, to reduce exposure to naira fluctuations. The company cites significant financial losses due to the Nigerian naira's 70% devaluation, which has severely impacted earnings and operational costs in...
About Nigerian Bulletin
Nigerian Bulletin is your gateway to top news, specialized lifestyle topics, and a unique, curated marketplace. It connects Nigerians worldwide with crucial updates and opportunities and is ideal for engaging press releases, effective sponsored posts, banner ads, and product showcases.