Trading

Heatwave boosts water business in Enugu

Sachet water hawkers in Enugu metropolis are presently making brisk business with rising demand for the commodity, due to the increasing heatwave.The reports state that there was a similar increase in the demand for fruits as a result of heat.It was ob…

Trading

Nigeria’s Bonny Light hits $64.30 per barrel

The price of Bonny Light, Nigeria’s premium oil grade has risen from $63.00 to $64.30 per barrel in the international market, the highest in the past three weeks.The latest price showed an excess of $7.30 per barrel against the $57.00 reference price o…

Trading

Oyo presents N208.8bn budget to Assembly

Gov. Seyi Makinde of Oyo State on Wednesday presented a N208.8 billion Appropriation Bill for the 2020 fiscal year to the State House of Assembly.The News Agency of Nigeria (NAN) reports that the budget presented by Makinde was N77 billion lower than t…

Trading

MPC lauds government measures on border closure

The Monetary Policy Committee (MPC), says it is in support of the Federal Government closure of its land borders.According to the Committee, the upward price increase arising from this closure is reactionary and temporary.Mr Godwin Emefiele, the Govern…