Relief for cooking gas users as the Nigeria Liquefied Natural Gas (NLNG) Limited, in a major decision to crash the rising price of Liquefied Petroleum Gas (LPG) or cooking gas has agreed to reduce the quantity of gas exports to flood the domestic market which has been in dire strait. “As part of the measures to support the Federal Government’s Read More
Nigerians face another possibility of fuel scarcity as Independent Petroleum Marketers Association of Nigeria (IPMAN) are reluctant to lift or buy fuel from private depot owners who have increased pump price of fuel from N148/litre to N157/litre. IPMAN’s National Vice President, Alhaji Abubakar Maigandi said the N9/litre difference, which is about 6.08 per cent increase, has culminated in the gradual Read More
Wema Bank Plc has announced an increase of 135.8 per cent in profit before tax (PBT) to close its third quarter at N7.2 billion on the back of a Year-on-Year (Y-oY) growth of 9.1 per cent in gross earnings to N63.1 billion from N57.8 billion. In its unaudited financial results its total assets increased by seven per cent to N1.07 Read More
Prices of bread in Enugu state may rise by 200 per cent before the end of the year, a survey by the News Agency of Nigeria (NAN) has revealed, indicating a hard time for Nigerians. Already, price of bread has doubled since August through to October 2021, forcing the product out of reach of many families and lovers of bread. Read More
The Nigerian Stock Exchange (NGX) recent report on domestic and foreign Portfolio participation in equities trading showed that total equities transactions increased significantly by 32.13 per cent in the month of September. The report showed that total equities traded rose to to N118.15 billion ( $285.81million) against N89.42billion ($217.53million) in August. The jump in total transaction value was chiefly driven Read More
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