Business Inside
For latest stories on businesses, start-ups, business policies and strategies.
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CBN releases details on cryptocurrencies ban
In a statement on Sunday, the Central Bank of Nigeria (CBN) has reacted to condemnations trailing the directive to Deposit…
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Port Harcourt Refinery, two others record N6 billion operational expenses without production
A recent report released by the Nigerian National Petroleum Corporation, NNPC, reveals that without production, the three national refineries recorded…
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Oil Spills: Dutch court orders Shell to pay Nigerian farmers
A Dutch court has ordered the Nigerian subsidiary of Shell to pay compensation over oil spills in Nigeria’s Niger Delta,…
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Host communities kick against proposed privatisation of NNPC
The Host Communities of Nigeria Producing Oil and Gas (HOSTCOM) has faulted Federal Government’s proposal to unbundle the Nigerian National…
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NNPC to raise about $1 billion in a prepayment to refurbish Port Harcourt Refinery
The Nigerian National Petroleum Corporation (NNPC) is in talks to raise about $1 billion in a prepayment with trading firms…
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Buhari signs 2021 budget, warns agencies to deliver on target or get sanctioned
The President, Major General Muhammadu Buhari (retd.), Thursday in the State House signed the 2021 Appropriation Bill into law. The…
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NSE outperforms others in Global Stock Market
The Nigerian Stock Exchange (NSE) All-Share Index is closing 2020 as the best performing, recording a growth of 47.2 per…
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Fate of over 3,000 Rivers forex investors hang in the balance
The fate of over three thousand investors of a trading company known as MBA Forex in Port Harcourt, Rivers State…
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House of Reps uncovers N19.2bn railway fraud
The House of Representatives has resolved to investigate a contract awarded in 2011 for the rehabilitation of the Port Harcourt-Makurdi…
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CBN directs Nigerian Banks to dishonour Old Cheques from January 2021
Nigerian banks migrate to new cheque standards, old ones expire 31 Dec. The new cheques with new standards effective 1…
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