Archives for March 7, 2022
Ukraine-Russia war: Nigeria, others may face commodity supply disruptions, says IMF
IMF logo The International Monetary Fund says countries that have very close economic links with Ukraine and Russia are at particular risk of scarcity and supply disruptions. It added that…
World Bank projects N4tn 2022 fuel subsidy, experts predict more loans
The Country Director, World Bank, Shubham Chaudhuri, says Nigeria’s decision to postpone the full deregulation of the downstream sector of the petroleum industry by 18 months may cost the country…
NNPC releases additional 381.8 million litres of fuel
NNPC logo The scarcity of Premium Motor Spirit, popularly called petrol, has refused to abate despite claims by the Nigerian National Petroleum Company Limited that it has been releasing hundreds…
One Killed, Five Injured As Jeep Crashes Into Lagos Shops
One person has been confirmed dead while five others sustained injuries as Toyota Highlander ran into some shops at Amje bus stop, along Lagos-Abeokuta Expressway. It was gathered that the…
Catholic Bishops Conference: Buhari Calls For Intense Prayers For Nigeria
President Muhammadu Buhari has urged the Catholic Bishops Conference of Nigeria (CBCN) to say more prayers against challenges confronting the country. The President, represented by Minister of Women…
UBA profit soars by 8.72% to N118.678b in 2021
By Ngozi Onyeakusi--- UBA Plc, has posted a profit after tax of billion for its consolidated and separate financial statements for the year ended 31 December 2021. This represents…