The Federal Government has paid N168 billion outstanding subsidy debt to oil marketers, as part of measures targeted at stimulating activities in the downstream sector of the petroleum industry. Investigatve reports have indicated that the payment was made through promissory notes, which the major and independent marketers started to collect on June 1, 2020. However, […]

Crude oil prices have slumped following days of riots in the United States which disrupted demand. Oil prices were gradually recovering from a historic price crash as a result of the Coronavirus pandemic. The Organisation of Petroleum Exporting Countries (OPEC) says it is considering meeting this June to discuss whether to extend record production cuts […]

The Petroleum Products Pricing Regulatory Agency, PPPRA, has announced a new pump price band of N121.50 to N123.50 per litre for Premium Motor Spirit, popularly known as petrol. The PPPRA disclosed this in a circular to fuel marketers dated May 31, 2020, which was obtained by our correspondent on Monday. The reduction in pump price […]

Zenith Bank Plc, has emerged as the best bank in Nigeria in the recently released Global Finance Magazine World’s Best Banks Awards 2020. The award, which was published in the May 2020 edition of the Global Finance Magazine, was based on the performances of the banks in their respective regions and countries over the period […]

Amidst the concern over corporate performance and the macroeconomic impact of Coronavirus (COVID-19) pandemic, corporate organisations are now implementing various Business Continuity models. Financial Vanguard investigations have revealed that key corporate institutions are now restructuring their business models to create more resilient operations, less vulnerable to any form of restriction to formal office settings and […]

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