Business News of Wednesday, 11 January 2023
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Illegal oil pipeline uncovered in Rivers community
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Legacy companies must invest in technology, says Osinbajo
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Petroleum commission begins 2022 mini-bid round
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Borrowing costs, others weaken Nigeria’s fiscal position – W’Bank
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Naira fall to persist as forex demand picks up
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Withdrawal policy pushes up PoS transaction charges
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Hike in private school fees forces parents to contemplate withdrawing their kids
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Nigerian passport falls by 38 places in global ranking
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Ethiopian Airlines admits 15-year tax moratorium demand
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Recession, hyperinflation likely in 2023, LCCI warns
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New naira notes in circulation huge, says CBN
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AfCFTA: Rising energy cost, forex crisis threaten local manufacturing
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Infrastructure deficiency restricts manufacturing to 55% capacity utilisation — MAN
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Customs FOU Zone A seizes smuggled goods worth N13.9bn
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Riding the waves of naira volatility, debt services
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Naira Redesign: CBN records major breakthrough as Nigerians return billions to commercial banks
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FG disburses N173bn for uniform fuel price nationwide
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Group tackles FG on $1bn Ogoni clean-up
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CBN new cashless policy under threat as traders reject new naira notes