Many Nigerians have expressed worry over the significant increase in the pump price of petrol across the country, even as long queues persisted at filling stations on Wednesday. The Nigerian National Petroleum Company Limited adjusted pump price at its stations, with the new price ranging from N488 per litre to N557, up from N184-N194 per …
The average age of chief executives is falling — but that isn’t necessarily a bad thing Anyone who has spent the past 20 years climbing the corporate ladder in the hope of scoring the top job, be warned: you may already have missed the boat. A few weeks ago, a 28-year-old was appointed to run …
Nigerian manufacturers are struggling with rising levels of unsold products with inventory stockpiles rising 22 percent as accelerating inflation erodes household incomes, according to the Manufacturers Association of Nigeria (MAN). In the association’s latest half-yearly review report, inventory of unsold finished products in the manufacturing sector increased to N469.7 billion in 2022 from N384.6 billion …
CBN bows to the Supreme Court’s order After six long weeks of naira swap tussle, the Central Bank of Nigeria (CBN) finally bows to the Supreme Court’s order to extend the deadline for the use of old naira notes to December 31, 2023. Nigerian residents can now do business with the old banknotes of N1,000, …