Business

The National Bureau of Statistics on Tuesday released the Consumer Price Index which measures inflation with the rate dropping from 15.9 per cent in November to 15.37 per cent in December. The drop of 0.53 percent points recorded in December makes it the eleventh consecutive slowdown in the inflation rate. The report said the Urban […]

The price of brent crude oil rose to $70 a barrel on Monday, supported by ongoing output cuts led by OPEC and Russia, and ignoring a rise in U.S. and Canadian drilling activity that points to higher future output in North America. Brent sweet crude futures, the international benchmark for oil prices, were at $70 […]

For the seventh year in a row, the President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has been adjudged as the richest man in Africa with a net worth that Forbes pegged at $12.2bn for 2017. That was an increase of $100m from a year earlier. Bill Gates maintained his position as the […]

The nation’s external reserves have hit a new level of $40.4bn, the Central Bank of Nigeria has stated. The last time the foreign reserves hit the $40bn mark was January 2014, about five months before the crash in global oil prices. The foreign exchange reserves had reached a low of $23.6bn in October 2016. In […]

A number of Deposit Money Banks in the country have barred their customers from using debit and credit cards to withdraw dollars, euros, pounds and other foreign currencies whenever they travel abroad, investigation by our correspondent has revealed. The development may put business and leisure travellers, who may need hard currencies to meet some obligations […]


FRESH1059FM

FRESH105.9FM IBADAN

Current track
TITLE
ARTIST

Background