Business Archives - nigeria gossip, nigeria news

Jason Njoku Reveals Why He Won’t Encourage His Children To Be Entrepreneurs

Iroko TV boss, Jason Njoku has revealed why he won't encourage his children to be entrepreneurs. In a tweet he shared, the British-Nigerian start-up investor who noted...

Oil Prices Fall As Virus Cases Explode

Oil prices moved southwards on Monday on fears about the economic fallout from rising COVID-19 cases around the globe and on oversupply worries by...

Nigeria Loses $780m To Gas Flaring In 6 Months

Gas flare actions across oil and gas sites in the country cost Nigeria $779 million in the first half of 2020, data from Nigerian...

Naira Depreciates Against Dollar For 3rd Consecutive Day

Nigeria's naira continued on a low path against the dollar on Friday as it exchanged N470/$1 on Friday. However, on the officially recognized NAFEX market,...

Sales Of Major U.S. Automakers Plunge

One of U.S. automakers, Fiat Chrysler Automobiles NV (FCA) has reported a 39 percent year-over-year drop in new-vehicle sales in the second quarter. General Motors...

Oil Prices Fall On Doubts Over Output Cuts

Oil prices dropped on Thursday, reversing Wednesday gains, on concern over whether major crude producers will be able to agree to extend record output...

Dollar Sells For N445 As Forex Scarcity Persists

The dollar exchanged for N445 in the parallel market on Monday due to scarcity and shrinking liquidity in the forex market, according to a...

Fidelity Bank Holds AGM, Reassures Stakeholders

Fidelity Bank has reassured that it will continue to take measures that will ensure the safety of customers, staff and other stakeholders during this period....

Crude Oil Price Today: Brent Oil Drops Below $5 Per Barrel

Oil prices have plunged further below $5 a barrel with the threat to erase a decade of demand growth with thousands of jobs under...

COVID-19: CBN Unveils N15trn Capital For Infrastructure Development

The Central Bank of Nigeria (CBN) has unveiled plans to float an infrastruc­ture development firm to be named InfraCo Plc with an equity take-off...

World News

US To Restrict Foreign Students To 2-Year Courses

A proposed government policy in the United States is seeking to restrict foreign students, including Nigerians to be admitted into US universities for not...

Woman Accused Of Sending Poisonous Letter To White House Arrested

A woman suspected to have sent an envelope containing the poison ricin, which was addressed to the White House, has been arrested.   Law enforcement officials...

UNICEF Reacts As Kano Court Sentences 13-yr-old Boy To 10 Years Imprisonment For Blasphemy

The United Nations Children’s Fund (UNICEF) has reacted to sentencing of 13-year-old Umar Farouq to 10 years in prison for blasphemy.   Umar was handed the jail...