Local Nigerian economy to hit $400bn by 2026 – Rewane Sep 23, 2024 0 Bismarck Rewane, the Managing Director of Financial Derivatives Company, forecasts Nigeria's economy to grow by…
Business Dangote officials, refiners tackle marketers over imported PMS Sep 20, 2024 0 Officials of the Dangote Petroleum Refinery and the Crude Oil Refiners Association of Nigeria (CORAN) have opposed…
Business FG eyes economy revamp with single-digit rates, tax incentives Sep 20, 2024 0 The Nigerian government has introduced key economic reforms aimed at stimulating growth by reducing corporate…
investment Why Coca-cola suspended its 5-year $1 billion investment pledge to Nigeria in 2021… Sep 20, 2024 0 The Nigerian presidency has clarified the reasons behind Coca-Cola's initial withdrawal of its $1 billion…
Business What Exactly Is Cardoso Doing At The CBN Sep 20, 2024 0 Yemi Cardoso is marking his first year as Governor of the Central Bank of Nigeria (CBN) amid tough economic…
Energy 11 plc, Total Energies, AA. Rano, others pay N766 to lift Dangote petrol Sep 20, 2024 0 Petroleum marketers like 11plc, Total Energies, and AA Rano have started lifting petrol from Dangote Refinery…
Agriculture Jega Submits Recommendations For Livestock Reforms To Tinubu Sep 20, 2024 0 Former INEC Chairman, Prof. Attahiru Jega, has presented a 152-page report to President Bola Tinubu, detailing…
Business World Bank to approve $1.5bn loan to Nigeria by September 26 Sep 20, 2024 0 The federal government is poised to secure a $1.5 billion loan from the World Bank, with approval expected on…
Banking Sterling Holdco boosts recapitalisation with N75b capital Sep 19, 2024 0 Sterling Financial Holdings Company (Sterling Holdco) has successfully raised N75 billion to support the…
Business Nigerian Customs Apapa Command hits record N1.5 trillion revenue in 9 months Sep 19, 2024 0 The Nigeria Customs Service (NCS) recorded significant growth in revenue with ₦277.5 billion in import duties and…
Commodities Canada tightens foreign worker eligibility, reduces study permit issuance by 10%… Sep 19, 2024 0 The Canadian government will reduce the issuance of study permits by 10% for 2025, lowering the cap from 485,000…
Business Over $500 million investment attracted through Public-Private Partnership projects… Sep 19, 2024 0 The Nigerian government, through the Infrastructure Concession Regulatory Commission (ICRC), has attracted over…
investment Dapo Abiodun announces $5 million UK battery plant investment in Ogun State Sep 19, 2024 0 The Ogun State Government has announced the establishment of a $5 million battery recycling plant by a British…
Business We inherited N13 billion unpaid pension, gratuity arrears in Zamfara – Governor… Sep 19, 2024 0 Governor Dauda Lawal of Zamfara State revealed that his administration inherited N13 billion in unpaid pensions…
Currency Naira gains N116.84 on increased dollar supply Sep 19, 2024 0 The Nigerian naira appreciated by 7.59% against the U.S. dollar on Wednesday, closing at N1,539.65 in the…
Crypto Regulatory clampdown fails to drown crypto excitement Sep 19, 2024 0 Nigeria has retained its number two spot on the 2024 Global Crypto Adoption Index, trailing only India, according…
Business With Fed’s rate cut at hand, debate swirls over how big a move Sep 18, 2024 0 As the U.S. Federal Reserve prepares to begin its rate-easing cycle, investors and analysts predict that future…
Business EU court confirms Qualcomm’s antitrust fine, with minor reduction Sep 18, 2024 0 Europe's second-highest court upheld a European Commission antitrust fine against U.S. chipmaker Qualcomm for…
Business Teamsters to meet on Wednesday to consider potential US presidential endorsement Sep 18, 2024 0 The Teamsters executive board is meeting in Washington on Wednesday to decide its endorsement for the 2024 U.S.…
Business Exclusive: Commerzbank poised to put CFO Orlopp in charge of talks with UniCredit Sep 18, 2024 0 Commerzbank is set to appoint CFO Bettina Orlopp to lead discussions with UniCredit, following the Italian bank's…
Local CBN pegs BDC forex sales at $5,000 Sep 18, 2024 0 The Central Bank of Nigeria (CBN) has introduced a new policy limiting the foreign exchange cash sales by Bureau…
Local FG, states, LGs shared N1.2tn in August – FAAC Sep 18, 2024 0 The Federal Accounts Allocation Committee (FAAC) has disbursed N1.2 trillion in revenue earned in August 2024 to…
Market Three marketers to import 141m-litres petrol Sep 18, 2024 0 Three major oil marketers are set to import about 141 million litres of Premium Motor Spirit (PMS) into Nigeria…
Business N599bn rights issue to cut FX losses, says NB Sep 18, 2024 0 Nigerian Breweries Plc has announced plans to reduce its foreign exchange (forex) losses and local debt burden…
investment Executive Order: Tinubu eyes $2.5bn investments Sep 18, 2024 0 President Bola Tinubu has signed five executive orders to encourage investment in Nigeria's oil and gas sector.…
Business Emirates’ bookings slow on dollar charges, visa – Travel agents Sep 18, 2024 0 Travel agents in Nigeria report that bookings for Emirates flights have slowed down despite the airline's…
Banking CBN to fine banks delaying customers’ complaints resolution Sep 18, 2024 0 The Central Bank of Nigeria (CBN) has introduced stringent measures against commercial banks, payment service…
Business Tinubu never asked CBN Gov, Cardoso to resign – Presidency Sep 18, 2024 0 The Presidency has clarified that President Bola Tinubu has not requested Yemi Cardoso to resign from his position…
Local Naira falls to N1,656 at I&E Window amid volatility, but hope for recovery… Sep 18, 2024 0 The naira weakened to N1,656.49 per dollar at the official exchange window on September 17, 2024, marking a 7.12%…
Market Dangote’s 1,200km gas pipeline abandonment was a business decision, not govt… Sep 18, 2024 0 The Ministry of Petroleum Resources (Gas) has clarified that Dangote Group's decision to abandon a proposed…