Business News
Fuel scarcity: There’s confusion in oil sector, says IPMAN

Fuel scarcity: There’s confusion in oil sector, says IPMAN

The Independent Petroleum Marketers Association of Nigeria has stated that there is confusion in the oil sector in Nigeria as a result of the prolonged fuel shortage that…

FG revokes 3,402 mining titles

FG revokes 3,402 mining titles

The Federal Government has revoked the titles of 3,402 businesses for failing to comply with the terms of their licences.Information Guide Nigeria Thursday in Abuja, the Director General…

US retail sales falls, shoppers battle inflation

US retail sales falls, shoppers battle inflation

As inflation remained elevated, retail sales in the United States continued to decline in December, falling 1.1%, as reported by the Commerce Department on Wednesday. CNN reports that…

International Breweries appoints company secretary

International Breweries appoints company secretary

International Breweries Plc has announced the appointment of Mr Ayokunle Ayoko as company secretary and general counsel with effect from January 16, 2023.Information Guide Nigeria This is following…

FTX: Collapsed crypto giant recovers over bn of assets

FTX: Collapsed crypto giant recovers over $5bn of assets

A lawyer for the defunct cryptocurrency exchange FTX believes that more than $5 billion (£4.1 billion) in assets have been located.Information Guide Nigeria However, a US bankruptcy court…

Kerosene price rises by 146%

Kerosene price rises by 146%

The price of household Kerosene, also known as cooking kerosene skyrocketed by over 100 per cent in one year.Information Guide Nigeria According to the latest Nigerian Bureau of…

Firm to inaugurate digital marketing bootcamp for SMEs

Firm to inaugurate digital marketing bootcamp for SMEs

This was disclosed by the company’s chief executive officer, Tosin Adefeko, in a statement issued on Saturday in Lagos.Information Guide Nigeria She stated that the first edition of…

Oil production hits nine-month high

Oil production hits nine-month high

The Nigerian Upstream Petroleum Regulatory Commission stated on Sunday that crude oil production in Nigeria increased to 1.235 million barrels per day in December 2022, the highest output…

Forex crisis, others threaten business growth – NECA

Forex crisis, others threaten business growth – NECA

The Nigeria Employers’ Consultative Association reported that diminishing inputs and foreign exchange shortages were having a negative impact on the country’s enterprises. During a recent media interview in…

Review anti-business policies, NACCIMA tells FG

Review anti-business policies, NACCIMA tells FG

The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture has urged the government to reconsider policies that stifled business establishments last year.Information Guide Nigeria The association’s…