Russia-Ukraine crisis: EU begs Nigeria to close gas supply gap
With oil exports from a critical pipeline on Russia’s Black Sea Coast fully halted last Wednesday, the United…
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FG’s borrowing from CBN rises by 96.54%, hits N18.16tn
The Federal Government’s total borrowing from the Central Bank of Nigeria through Ways and Means Advances has…
Cross River decries N34m federal allocation for March
The Cross River State Government received only about 15 per cent of its statutory allocation from the Federation…
Buhari mourns US Secretary of State Madeleine Albright
The President, Major General Muhammadu Buhari (retd.), has joined the world to mourn the passage of the United…
Nigerians need to consume, export what they produce -Emefiele
The Central Bank of Nigeria says Nigerians need to consume what they produce and export the surplus after adding…
Customs, CBN disagree over e-valuation of imports, exports
THE Nigerian Customs Service has refuted media reports which claimed that the service has adopted the e-evaluator…
IOCs fear collapse as FG says N1.36tn crude stolen in 14 months
The total value of Nigeria’s crude oil stolen between January 2021 and February 2022 is about $3.27bn…
Capital imports in Q4 2021 increases to $2.187m
According to a statement obtained from NBS website, when compared to the corresponding quarter of 2020, capital…
Foreign Airlines’ Trapped Funds In Nigeria Hit N117bn
From $147 million (N61 billion) which the International Air Transport Association (IATA) said was the total…
How CBN is stabilising Naira –Emefiele
In his virtual goodwill message at the opening of the 32nd Seminar for Finance Correspondents and Business Editors…
FG disburses N142.6m to 14 tertiary institutions for mineral research
Mr. Olamilekan Adegbite, the Minister of Mines and Steel Development (MMSD), announced on Tuesday that N142.6…
6.4 million applied for N-Power Batch-C programme –FG
Sadiya Farouq, Minister of Humanitarian Affairs, Disaster Management, and Social Development, revealed on Tuesday …
Chelsea sanctions spark fresh debate over football finance
The crisis that has engulfed Chelsea as a result of the penalties imposed on Russian billionaire owner Roman …
Energy crisis: MAN bemoans power crisis, high cost of diesel
As Nigeria’s energy crisis continues to buffet businesses across the country, the Manufacturers Association of…
FG will continue to boost business reforms, private sector investment, says…
Yemi Osinbajo has said Federal Government will continue to partner with the private sector to ensure wholesome…
Russia-Ukraine: Nigerian banks not under any major risk, says S & P
The ongoing Russia-Ukraine conflict will have no major negative impact on the overall operations and assets…
Buhari summons Gov. Uzodinma, Power Minister, Economic Adviser
President Muhammadu Buhari on Monday summoned Governor Hope Uzodinma of Imo, Minister of Power, Abubakar Aliyu,…
Brent rises to $115 as EU considers Russia oil ban
Brent crude, the global oil benchmark, rose 7.3 percent, or $7.88, to $115 per barrel at 7.54 p.m. Nigerian time …
FG scraps PCR test for fully vaccinated travellers
The Federal Government announced on Monday that fully vaccinated inbound travelers will no longer be needed to …
Buhari inaugurates 3m metric tonnes Dangote Fertiliser Plant
The President, Major President, Major General Muhammadu Buhari (retd.), has inaugurated the three million metric…
OPEC+ Compliance Jumped To 136% In February, Say Delegates
Compliance among deal-bound members of the Organisation of Petroleum Exporting Countries (OPEC) and allies OPEC+…
Stakeholder: CBN’s $250m Intervention in Discos’, TCN Interface Will Stabilise…
The intervention of the Central Bank of Nigeria (CBN), in the rehabilitation of interfaces between Nigeria’s…
FAAC meets today as NNPC deductions threaten states’ allocations
The planned deduction of N242.53bn fuel subsidy from the Federation Account this month by the Nigerian National…
CBN to meet NNPC, finance ministry over petrol scarcity
The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, on Monday said that the management of the apex…
Massive oil thefts threatening external reserves, revenue – MPC
The Monetary Policy Committee of the Central Bank of Nigeria on Monday decried the negative impact of the…
Buhari inaugurates Lagos intl airport terminal today
The President, Major General Muhammadu Buhari (retd.), is to inaugurate the newly built international terminal of…
FG’ll tap $2.2bn Eurobond for fuel subsidy funding– Minister
Crude oil production drops as Nigeria misses OPEC quota again
The FG is planning to tap $2.2bn by this month or…
Reps go after 77 oil firms over unremitted N2.6tn revenue
The House of Representatives commenced an investigative hearing on the N2.6tn owed the Federal Government by 77…
CBN to Introduce Bank Cash Hubs, Releases Guideline
The Central Bank of Nigeria has released a draft guideline for the registration and operation of Bank Neutral Cash…