hits – The Business Intelligence

Exchange rate for cargo clearance hits N1,605/$

EditorFebruary 21, 2024

by EditorFebruary 21, 20240186

The Federal Government through the Central Bank of Nigeria has again raised the exchange rate for cargo clearance to N1,605/$. This is coming days after

Energy Gas Oil

Global oil demand hits seasonal highs for the 8th time in 2023 – JODI

EditorFebruary 21, 2024

by EditorFebruary 21, 20240194

Oil demand rose to a new seasonal high in December, the eighth monthly record in 2023, according to statistics published by the Joint Organizations Data

Energy Oil

Dangote to begin refining soon as crude supply hits 6million barrels

EditorJanuary 9, 2024

by EditorJanuary 9, 20240171

The Dangote Petroleum Refinery, on Monday, announced its readiness to commence production of refined petroleum products as it received the 6th batch of one million

Finance

Nigeria’s debt hits N87.91trn, says DMO

EditorDecember 20, 2023

by EditorDecember 20, 20230227

Nigeria’s total public debt rose marginally by 0.61 per cent quarter-on-quarter to N87.91trn in the third quarter of 2023. This is according to new debt

Metro

Death toll hits 120 in Kaduna disaster, villagers allege military bombed twice

EditorDecember 6, 2023

by EditorDecember 6, 20230164

Survivors of the accidental bombing of Tudun Biri in the Igabi Local Government Area of Kaduna State on Tuesday said they were bombed twice by

Banking Finance

Cash shortage hits states as some banks peg withdrawal limits at N5,000

EditorDecember 3, 2023

by EditorDecember 3, 20230272

Bank customers, as well as Point of Sales (PoS) operators have continued to lament the new directives by commercial banks pegging daily cash withdrawals to

Education

Shortage of lecturers hits varsities, ASUU blames japa, IPPIS

EditorNovember 27, 2023

by EditorNovember 27, 20230210

Universities in Nigeria are battling a severe shortage of staff as thousands of lecturers leave the tertiary institutions to seek greener pastures in foreign lands

Banking Finance

Naira scarcity hits some parts of Lagos, Kano, Sokoto, Edo, others

EditorNovember 23, 2023

by EditorNovember 23, 20230259

Despite recent assurances by the Central Bank of Nigeria that there is enough naira in circulation, reports of scarcity have emerged across the country. A

Energy Gas

Cooking gas scarcity hits Lagos, Kano, Katsina, others

EditorNovember 7, 2023

by EditorNovember 7, 20230133

Scarcity of Liquefied Petroleum Gas also known as cooking gas has hit Lagos and some other states in the country. The other affected states, according