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Dangote officials, refiners tackle marketers over imported PMS
Officials of the Dangote Petroleum Refinery and the Crude Oil Refiners Association of Nigeria (CORAN) have opposed…
FG eyes economy revamp with single-digit rates, tax incentives
The Nigerian government has introduced key economic reforms aimed at stimulating growth by reducing corporate…
Why Coca-cola suspended its 5-year $1 billion investment pledge to Nigeria in 2021…
The Nigerian presidency has clarified the reasons behind Coca-Cola's initial withdrawal of its $1 billion…
What Exactly Is Cardoso Doing At The CBN
Yemi Cardoso is marking his first year as Governor of the Central Bank of Nigeria (CBN) amid tough economic…
11 plc, Total Energies, AA. Rano, others pay N766 to lift Dangote petrol
Petroleum marketers like 11plc, Total Energies, and AA Rano have started lifting petrol from Dangote Refinery…
Jega Submits Recommendations For Livestock Reforms To Tinubu
Former INEC Chairman, Prof. Attahiru Jega, has presented a 152-page report to President Bola Tinubu, detailing…
World Bank to approve $1.5bn loan to Nigeria by September 26
The federal government is poised to secure a $1.5 billion loan from the World Bank, with approval expected on…
Sterling Holdco boosts recapitalisation with N75b capital
Sterling Financial Holdings Company (Sterling Holdco) has successfully raised N75 billion to support the…
Nigerian Customs Apapa Command hits record N1.5 trillion revenue in 9 months
The Nigeria Customs Service (NCS) recorded significant growth in revenue with ₦277.5 billion in import duties and…
Over $500 million investment attracted through Public-Private Partnership projects…
The Nigerian government, through the Infrastructure Concession Regulatory Commission (ICRC), has attracted over…
Dapo Abiodun announces $5 million UK battery plant investment in Ogun State
The Ogun State Government has announced the establishment of a $5 million battery recycling plant by a British…
We inherited N13 billion unpaid pension, gratuity arrears in Zamfara – Governor…
Governor Dauda Lawal of Zamfara State revealed that his administration inherited N13 billion in unpaid pensions…
Naira gains N116.84 on increased dollar supply
The Nigerian naira appreciated by 7.59% against the U.S. dollar on Wednesday, closing at N1,539.65 in the…
Regulatory clampdown fails to drown crypto excitement
Nigeria has retained its number two spot on the 2024 Global Crypto Adoption Index, trailing only India, according…
CBN pegs BDC forex sales at $5,000
The Central Bank of Nigeria (CBN) has introduced a new policy limiting the foreign exchange cash sales by Bureau…
FG, states, LGs shared N1.2tn in August – FAAC
The Federal Accounts Allocation Committee (FAAC) has disbursed N1.2 trillion in revenue earned in August 2024 to…
Three marketers to import 141m-litres petrol
Three major oil marketers are set to import about 141 million litres of Premium Motor Spirit (PMS) into Nigeria…
N599bn rights issue to cut FX losses, says NB
Nigerian Breweries Plc has announced plans to reduce its foreign exchange (forex) losses and local debt burden…
Executive Order: Tinubu eyes $2.5bn investments
President Bola Tinubu has signed five executive orders to encourage investment in Nigeria's oil and gas sector.…
Emirates’ bookings slow on dollar charges, visa – Travel agents
Travel agents in Nigeria report that bookings for Emirates flights have slowed down despite the airline's…
CBN to fine banks delaying customers’ complaints resolution
The Central Bank of Nigeria (CBN) has introduced stringent measures against commercial banks, payment service…
Tinubu never asked CBN Gov, Cardoso to resign – Presidency
The Presidency has clarified that President Bola Tinubu has not requested Yemi Cardoso to resign from his position…
Naira falls to N1,656 at I&E Window amid volatility, but hope for recovery…
The naira weakened to N1,656.49 per dollar at the official exchange window on September 17, 2024, marking a 7.12%…
Dangote’s 1,200km gas pipeline abandonment was a business decision, not govt…
The Ministry of Petroleum Resources (Gas) has clarified that Dangote Group's decision to abandon a proposed…
Stock Market Gains N607 Billion, Boosted by Access, MTN
The Nigerian equity market recorded a significant gain of N607 billion in market capitalization last week,…
Inflation drops to 32% despite petrol price hike — NBS
Nigeria’s inflation rate fell to 32.15% in August 2024, marking a 1.25% drop from July's 33.40%. However, the rate…
Banks sack 49 employees over fraud in Q2
Nigerian banks terminated 49 staff members for involvement in fraudulent activities between April and June 2024,…
IPPIS not compromised –FG assures
The Office of the Accountant General of the Federation (OAGF) has assured Nigerians that the personal data of…
Esports firm partners bank on education
E-sports company EStars has partnered with Ecobank Nigeria to promote esports education and equip students with…
NEITI: FG, States, LGs Shared N3.473tn from FAAC in Q2 2024
The Federation Accounts Allocation Committee (FAAC) disbursed N3.473 trillion to Nigeria’s three tiers of…