Business

Marketers predict reduction in PMS price as Port Harcourt refinery set to commence operation

Marketers predict reduction in PMS price as Port Harcourt refinery set to commence operation   The Independent Petroleum Marketers Association of Nigeria and the Major Energy Marketers Association of Nigeria have projected a marginal reduction in the pump price of Premium Motor Spirit, popularly called petrol, produced from the Port[Read More…]

CBN Slashes Customs Exchange Rate by 1.5%

CBN Slashes Customs Exchange Rate by 1.5%   For the second time in seven days, the Central Bank of Nigeria (CBN) has slashed the exchange rate for computing Customs duties at the nation’s seaports and airports from N1,617.96/$1 to N1,593.41/$1 representing 1.5% reduction. The slash, analysts argued, was as a[Read More…]

At Polaris Bank IWD Webinar, Guest Speakers Advocate Empowering Opportunities for Women

At Polaris Bank IWD Webinar, Guest Speakers Advocate Empowering Opportunities for Women   …as CEO, Kayode Lawal highlights the indispensable contributions of women to societal progress, economic development   Polaris Bank’s International Women’s Day (IWD) webinar themed: ‘Empowering Voices: Women Leading Change,’ offered a dynamic platform for insightful conversations.  [Read More…]

Nigeria to issue eurobonds after two years

Nigeria to issue eurobonds after two years   Nigeria has hired investment banks including Citibank NA, JPMorgan Chase & Co., and Goldman Sachs, to seek advice on its first eurobond issue since 2022.   According to a Bloomberg report, the size of the eurobond offer, which is expected before June,[Read More…]

Tinubu directs immediate opening of borders with Niger Republic, lifting of all sanctions

Tinubu directs immediate opening of borders with Niger Republic, lifting of all sanctions   In what would amount to another policy somersault, President Bola Tinubu, on Wednesday, ordered the immediate re-opening of Nigeria’s land and air borders with neighbouring Niger Republic. According to a statement issued by his special adviser[Read More…]