Crude oil prices remained steady, on Monday, as storms closed in on the Gulf of Mexico, shutting more than half […]
Author: News Essence
NPDC ramps up LPG capacity to 500,000 bpd
The Nigerian Petroleum Development Company (NPDC) is targeting 500,000 Liquefied Petroleum Gas (LPG) daily production to meet local demand and […]
Why Nigerian economy will shrink by 5.2% in 2020 – NESG
The Nigerian Economic Summit Group (NESG) has warned that the economy will shrink by 5.2 per cent this year, calling […]
OPEC+ meets to review compliance with oil cuts
OPEC oil producers and allies such as Russia, a grouping dubbed OPEC+, will on Wednesday meet to review compliance with […]
Access Bank secures $50m IFC loan to promote small businesses
Access Bank is committed to helping Small and Medium Enterprises (SMEs) recover from the impact of the COVID-19 pandemic, its […]
Nigerian Importers Kick Against Surcharge on Cargoes by International Shipping Firms
…The surcharge is economic sabotage, insensitive, says Shippers’ Council Importers in the country are currently groaning under huge surcharge […]
Asia Shares Push Ahead As China Markets Jump
Asian shares crept back toward recent peaks on Monday as Chinese markets swung higher, while investors waited to see if […]
Dangote Cement Promo Produces 60 New Millionaires
The ongoing Dangote Cement ‘Bag of Goodies Promo season 2’ has produced 60 millionaires spread across the nation, thereby cushioning […]
FAAN Offers no Cash Services to Passengers, Urges Passengers to Report Such Requests
As the nation’s airports begin to reopen gradually for flight operations, the Federal Airports Authority of Nigeria, FAAN, has advised […]
Dollar holds firm as U.S. bond yields jump
The dollar inched ahead on Wednesday, as a jump in U.S. yields pushed it higher against the Japanese yen, while […]