Finance

Petrol price rose by 223%, sold at N770 per litre in May – NBS

In May 2024, the average price of Premium Motor Spirit (PMS), commonly known as petrol, surged by 223.21%, reaching about ₦770 per litre from...

Amid Economic Hardship, Workers Turn to Their Pension Savings

In response to the economic challenges, there was a significant increase in workers making withdrawals from their voluntary pension contributions in the first quarter...

First Bank confirms Alebiosu as MD, Ebong as DMD

First Bank of Nigeria Limited has confirmed Olusegun Alebiosu as the new Managing Director (MD) and Chief Executive Officer (CEO). In a notice to the...

NNPC and TotalEnergies Unveil $550M Gas Sector Investment

The Nigerian National Petroleum Company Limited (NNPCL) and TotalEnergies (TTEF) are set to invest $550 million in developing a gas processing facility in Rivers...

Ndlovu Highlights MFB Nigeria’s Savings Promo: Boosting Financial Discipline

Letshego Microfinance Bank (MFB) Nigeria has launched the “Save & Win Promo,” a campaign aimed at rewarding customers for their loyalty and savings. Running...

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