Fitch revises Nigeria’s outlook to positive, affirms ‘B’ rating
Fitch has revised Nigeria’s Long-Term Issuer Default Ratings outlook from Stable to Positive, citing the success of the sustained economic reforms and rising foreign exchange reserves.
NARTO, PTD to partner NNPC to end fuel crisis
The Nigerian National Petroleum Corporation, NNPC, yesterday, stated that the National Association of Road Transport Owners (NARTO) and Petroleum Tanker Drivers (PTD) have thrown their weights behind its efforts to address the hiccups being experienced in the supply and distribution of Premium Motor Spirit (PMS), otherwise called petrol, in parts of the country.
NNPC increases fuel supply to 80m litres daily
The Nigerian National Petroleum Corporation, NNPC, Thursday, disclosed that it has more than doubled the supply of Premium Motor Spirit, PMS, also known as petrol, across the country from about 30 million litres to 80 million litres per day.
Getting business loans from the banks (3)
We are now on the third portion of this series on MSMEs’ getting business loans from banks in which we have focused on the offers from Stanbic IBTC Bank. We have discussed just one offer which is what they call SME Overdraft.
Price of cooking gas jumps by 21% in November
The average price of Liquefied Petroleum Gas (Cooking Gas) rose by 21.16 percent, year-on-year in November.
NNPC to build 4,600mw power plants in Abuja, Kaduna, Kano
The Nigerian National Petroleum Corporation, NNPC, yesterday, said it is partnering with private investors to build power generating plants with combined capacity of 4,600 megawatts, MW, power plants in Abuja, Kaduna and Kano states.
