Business

This is a general business interest blog that spans across finance, economy, manufacturing, commerce and stocks locally and beyond.

July 13, 2017

Missing N11bn petrol, Reps panel summons Capital Oil

The House of Representatives’ Committee on Petroleum Resources (Downstream) has summoned the management of Capital Oil to explain the disappearance of N11bn worth of petroleum products […]
July 13, 2017

Ministry of finance gets approval to offset FG N2.7tn debt

A proposal presented by the Ministry of Finance to offset accumulated Federal Government’s debts totalling N2.7tn got the approval of the Federal Executive Council (FEC) on […]
July 13, 2017

2017 budget will be affected by falling oil price, production cut – Kachikwu

The Minister of Petroleum Resources, Ibe Kachikwu has revealed that the crash in crude oil price to about $42.5 per barrel and the likely cut in […]
July 12, 2017

Wabba justifies N50, 400 minimum wage for labour

The President of the Nigeria Labour Congress (NLC), Ayuba Wabba, has explained how the new minimum wage would be negotiated. He disclosed that $140, which was […]
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