Business

Money makes the world go round, learn about those who spin the wheel

Business

NNPC Will Be History In 6 Months – GMD, Mele Kyari

Ubokobong Uko | Senior News Editor - Aug 17, 2021

The Nigerian National Petroleum Corporation, NNPC, managing director, Mele Kyari has said that the oil corporation will cease to exist within the next six...

Business

Shell To Pay Ogoni People N45.9 Billion Fine In 21 Days In New Court Ruling

Wires Editor | The Trent - Aug 11, 2021

A Federal High Court sitting in Abuja has ordered Shell Petroleum Company to pay the sum of N45.9 billion to the people of Ogoni...

Business

NNPC Spends N492.05 Billion On Subsidy, Salaries In April

Wires Editor | The Trent - Aug 10, 2021

Nigeria’s subsidy regime, salary, and other operating revenue cost the Nigerian National Petroleum Corporation, NNPC, N492.05 billion in the month of April this year. Recall...

Business

Nigerians Pay N2.113 Trillion For Petrol In 13 Months – NNPC

Wires Editor | The Trent - Aug 2, 2021

The Nigerian National Petroleum Corporation, NNPC, on Sunday, August 1, 2021, disclosed that it sold N2.113 trillion worth of petrol between March 2020 and...

Business

Naira Crashes To N522 To A Dollar After CBN Bans Forex Sales To BDCs

Wires Editor | The Trent - Jul 28, 2021

Naira fell against the U.S dollar at the parallel market on Wednesday, July 28, 2021, after the Central Bank of Nigeria, CBN, announced that...

Business

CBN Stops Selling Forex To Bureau De Change Operators

Wires Editor | The Trent - Jul 28, 2021

The Central Bank of Nigeria, CBN, has stopped the sales of forex to the Bureau De Change operators in the country with immediate effect. Godwin...

Business

Nigeria To Launch Digital Currency October 1

Hope Sampson | Sub Editor - Jul 23, 2021

The Central Bank of Nigeria, CBN, has announced that it will be announcing its own digital currency on October 1, 2021. CBN's IT Director, Rakiya...