Good morning, here are the latest top business news headlines for today Wednesday, March 2021.
Food Blockade: Vegetable Prices Soar In Lagos
The prices of vegetables in Lagos markets have soared by as much as 200 per cent as a result of blockage of food and cattle by traders from the North, which began last week.
Checks by BizWatch Nigeria showed that perishable food items had become…Read more
Petrol Scarcity Is Tactics By FG To Raise Price – Oil Marketers
The lingering petrol scarcity in Abuja ad neighbouring states worsened Monday as only a few retail outlets sold to buyers.
But despite the scarcity and queues, which had lingered for…Read more
Nigeria’s External Reserves Sufficient for Seven Months Import – Emefiele
The Central Bank Governor, Godwin Emefiele, says Nigeria’s external reserves at $35bn was sufficient to finance the country’s seven months’ imports.
According to statistics obtained from the Central Bank of Nigeria…Read more
NIP, PoS Payments Shrink by N1.93 Trillion in January
The value of transactions via digital payment platforms – Nigeria Interbank Settlement System Instant Payment System (NIP) and Point of Sales (POS) terminals – shrink by N1.93 trillion in January.
The two payment platforms recorded a drop in transaction from…Read more
DMO Clears Its Name Of Fraud In N2.2trn Scandal
The Debt Management Office (DMO) has denied receiving the sum of N2.2 trillion in 2018 as part of its budgetary allocation for the year.
In its defense, the DMO said that the sum, although earmarked for…Read more
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