Economy
NUPENG, PENGASSAN Direct Members In Chevron To Shut Down Operations
The fragile peace in Chevron Nigerian unit of the oil major may have taken turn for the worst as labour...
Read moreDetailsChevron Nigeria Plans 25% Workforce Cut As Oil Demand Wobbles
Chevron Nigeria says unit plans to cut 25% of its workforce to become more efficient and reduce operating costs as...
Read moreDetailsNigeria’s Inflation Hits 13% In August, As Petrol, Power Price Rises Upset Businesses
Nigeria’s Inflation rate has continued its rise recording the 29th month surge to 13.22% in August 2020, O.40% higher than...
Read moreDetailsGates Report Shows COVID-19 stalls 20 Yrs Of Progress
The Bill & Melinda Gates Foundation has launched its fourth annual Goalkeepers Report, featuring new data showing how the ripple...
Read moreDetailsTarrif Review Puts Ikeja Electric, Customers On Collision Course
Recent tarrif review by the National Electricity Regulatory Commission (NERC) may have intensified animosity between the Ikeja Electricity Distribution Company...
Read moreDetailsAMCON Takes Over Geedee Zulu Investment Limited Over N4Bn Debt
Following the order of Honourable Justice M.S. Hassan of the Federal High Court, Lagos division, the Asset Management Corporation of...
Read moreDetailsEconomy In Worst Downturn,Shrinks 6%, Analysts Say Time To Think Differently
The Nigerian economy contracted 6.2% y/y in Q2:2020 from 1.8% y/y in Q1:2020, in what Afrinvest analysts regard as the...
Read moreDetailsAnxiety As IBTC, Others May Lose Customers As PenCom Opens Transfer Window Soon
As the nation awaits issuance of final guidelines for opening of transfer window as provided by the Pension Reform Act...
Read moreDetailsTragedy As Nigeria’s Unemployment Now 27 Percent In Q2, Highest In A Decade
In what analysts attribute to rising number of people searching for jobs and or people previously working have lost their...
Read moreDetailsCBN’s Supervisory Role Under Scrutiny Over Bank’s N573m ‘Error’ Claim
The Central Bank of Nigeria (CBN)'s Act of 2007 of the Federal Republic charges the Bank with, among others, the...
Read moreDetails
© 2022 Metro Business News