what is Basic Material in Finance? With the high rise of the production and manufacturing sector, there is a consistent demand for basic materials. To meet the demands of manufacturers for produc...
Coronavirus (officially named Covid-19) is an epidemic that broke out last year, first in China and has gradually spread to some countries in Europe, America, and the Middle East. Coronavirus is now a...
Nigeria used an amount of N4.56 trillion on the importation of fuel in 2021 over 128% bigger than the N2 trillion disbursed on fuel importation in 2020. This is by foreign exchange data newly c...
Investments are essential if you want to increase your assets and catch up with the rate of inflation. Cash loses purchasing power over time as a result of inflation. Therefore, if you haven't inv...
The Central Bank of Nigeria (CBN) in Abuja announced it would act on the rising inflation and exchange rate in 2024. The bank also revealed that there will be fewer revenue exports in the 2024 fiscal ...
Saudi Aramco, one of the largest companies in the world by revenue saw its profit decline by 44% to $49 billion in 2020.The coronavirus pandemic wrecked the oil company's income as the ensuing lockdow...
Norway's Equinor has commenced its interest in selling off its stake in the offshore Agbami oilfield. This decision came in after the company made it known that production has been shrinking right fro...
Shell Plc has disclosed that it will sell its Nigerian onshore oil and its subsidiary, the Shell Petroleum Development Company of Nigeria Limited (SPDC), to a consortium of five companies known as Ren...
The Port Harcourt refinery, which has been undergoing rehabilitation for some years, is set to begin operation soon. Mele Kyari, the Group Managing Director of the Nigerian National Petroleum Company ...
Electricity Tariff and Fuel Scarcity Push Inflation to 15.81% says Meristem Inflation in Nigeria is expected to reach 15.81 percent in February 2022, according to Meristem analysts. The data i...