Business News of Tuesday, 31 October 2023

BREAKING: No plans to redenominate Naira - CBN

Ondo indigenes claim N3.1trn damages from Shell, secure court order against oil firm

Two new refineries begin production in Edo, place orders for 300,000 barrels of crude

Price of rice increases by 60.59% in one year as transport fares rise by 117.29%

90 Media Leaders attend the “Bloomberg Africa Business Media Innovators” Forum 2023

'Apply Now!'- Obama Foundation opens Columbia University scholarship to Nigerians, others

MTN, Airtel rake in N403.2 billion from data service in Q3, 2023

Naira to regain true value before December 2023 – Oyedele

FG to establish 10,000 CNG vehicle conversion workshop in Lagos for cheaper, alternative fuel

Nigerian Breweries records N402bn revenue in nine months

FG approves N2.2tn supplementary budget

Power: Tinubu canvasses N2tn Discos’ recapitalisation, tariff review

Mobile sub-sector adds $170 billion to Nigeria, others

FG launches seven conversion centres for cheaper fuel, removes VAT on CNG purchases

Food prices rose to 26.76% in September – NBS

Commodity market will boost GDP growth – Experts

Naira to regain true value before December 2023 – Oyedele

UBA grows Q3 revenue by 115.2% to N1.3tn

Naira weakens to 1,180/$ after recent gains