Nigeria’s headline inflation hits 22.41% in May 2023
Nigeria’s headline inflation sustained its uptrend in May 2023, accelerating to 22.41% relative to 22.22% recorded in April.…
CBN unifies exchange rates, opens Naira to market forces
. CPPE says move to unlock investments, capital, others The Central Bank of Nigeria (CBN), yesterday announced the…
SNEPCo paid more than $900 million in taxes, royalties in 2022
Shell Nigeria Exploration and Production Company (SNEPCo), said it paid a total of $907 million as taxes and…
Fitch affirms Fidelity Bank ratings with stable outlook
Fitch Ratings has affirmed Fidelity Bank Plc’s credit rating at ‘B-‘ with a stable outlook, according to its…
Social justice must be the foundation for the changing world of work: Guterres
Social justice must underpin the global transition to more just and sustainable jobs for all, UN Secretary, Antonio…
ASEA eyes AELP Phase II roll-out by Q3 2023
. To boost increased participation in investments . Local currency payment to reduce pressure on countries’ reserves The…
‘ExxonMobil butane lifting at Bonny terminal approved by NUPRC’
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has clarified that it approved the lifting of petroleum products by…
Climate shocks set to worsen already fragile hotspots, Security Council hears
With an estimated 3.5 billion people living in “climate hot spots”, related peace and security risks are only…
Shell to invest $15bn across 2023 to 2025 on low-carbon energy solutions
Shell plc today said it plans to invest between $10 and $15 billion across 2023 to 2025, to…
NLC advocates economic equality to end child labour
The Nigeria Labour Congress (NLC) has called for policies to bridge the economic inequality gap to address the…