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Agbakoba warns NNPC against taking over Dangote refinery
Senior Advocate of Nigeria Olisa Agbakoba has cautioned against the Nigerian National Petroleum Company Limited!-->…
Chapel Hill Denham named Nigeria’s best investment bank
Chapel Hill Denham has been awarded the title of Best Investment Bank in Nigeria at the 2024 Euromoney Awards for!-->…
Forex inflow via IMTOs hits $1.07bn in three months – CBN
Foreign exchange inflows from International Money Transfer Operators (IMTOs) in Nigeria saw a significant increase!-->…
India boosts spending on job creation, rural areas in first budget after election
India's Finance Minister Nirmala Sitharaman unveiled a budget of $24 billion for the 2024/25 fiscal year, focusing!-->…
Digital tax talks in G20 spotlight as US tariff threat looms
Negotiations for a global tax deal are ongoing past the June 30 deadline, with the G20 finance leaders meeting!-->…
NGX delists three companies over poor standards
The Nigerian Exchange (NGX) has delisted three companies—Niger Insurance Plc, Resort Savings and Loans Plc, and!-->…
Minimum wage: MAN seeks compliance exception for MSMEs
The Manufacturers Association of Nigeria (MAN) has requested that micro, small, and medium enterprises (MSMEs) be!-->…
FG mulls suspension of N10 sugar tax on beverages
The federal government is considering a temporary suspension of the N10 tax on Sweetened Sugar Beverages (SSBs) to!-->…
Economy faces threats with 1.4m bpd crude output
Nigeria's oil output, including condensate, is projected to remain low at 1.4 million barrels per day (mbpd) in!-->…
Dangote Fights Back… NMDPRA Letter Shows Regulator Approved Refinery’s In-house…
Dangote Refinery is defending the quality of its refined products following allegations by the Nigerian Upstream!-->…
Banks Defy Stiff Competition from Fintechs, Grow Deposits by 63% to N115tn
Nigerian banks saw a significant increase in total deposits, reaching N115 trillion in the 2023 financial year, a!-->…
Zenith Bank Retains Position as Nigeria’s Number One Bank By Tier-1 Capital for…
For the fifteenth consecutive year, Zenith Bank Plc has been recognized as the Number One Bank in Nigeria by!-->…
Planes Grounded As Global IT Outage Hits Airlines, Media, Banks
A major IT outage spreading across the globe has caused significant disruptions in various sectors.
Airlines!-->!-->!-->…
Mining Sector Gets International Boost With Jupiter Lithium, Bevex’s Processing…
Jupiter Lithium Limited has signed an MOU with South Africa's Bevex Mining Services to develop modular lithium!-->…
IMF Lowers Nigeria’s 2024 Growth Forecast to 3.1%
The IMF has reduced its forecast for Nigeria's economic growth in 2024 to 3.1%, down from the earlier estimate of!-->…
All New Mining Licences Must Have Local Value — Tinubu
President Bola Ahmed Tinubu has directed the Federal Ministry of Solid Minerals Development to issue mining!-->…
Insurers’ assets hit N3.3trn as premium income rises by 51%
Insurance companies in Nigeria have grown their total assets by 36.9% year-on-year, reaching N3.3 trillion in!-->…
Dangote backs NUPRC on domestic crude supply guidelines
Dangote Industries Limited (DIL) has commended the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for!-->…
Chappal Energies acquires Total E&P 10% stake in SPDC
Chappal Energies announced the acquisition of a 10% non-operated interest from Total Energies, EP, Nigeria!-->…
Nigeria, Africa Lose $50 Billion Annually to Illegal Financial Outflows
According to Pius Akutah, Executive Secretary/CEO of the Nigerian Shippers’ Council (NSC), Africa loses over $50!-->…
Petrol landing cost now N1,117/litre – Marketers
The Major Energies Marketers Association of Nigeria (MEMAN) revealed that as of July 16, 2024, the landing cost!-->…
Sterling Bank, Lagos partner on ‘Ilera Eko’ health initiative
Sterling Bank Limited has teamed up with the Lagos State Government through the Lagos State Health Management!-->…
Lagos State Govt Through IBiLE Holdings Partners With CIG Motors on LagRide
Lagos State Government and IBILE Holdings Limited partners with CIG Motors to expand LAGRIDE’s Smart Mobility and!-->…
Customs To Check Illegal Importation Of Firearms With Advance Ruling System
The Comptroller General of Customs (CGC), Wale Adeniyi, announced that the new Advance Ruling System by the!-->…
PH Refinery Takes Delivery Of 1m Barrel Of Crude, Gets License For Take-Off
The Old Port Harcourt Refinery has received one million barrels of crude oil from the Nigerian National Petroleum!-->…
Jaiz Bank Targets N70bn Capital Base By End 2024
Jaiz Bank, an Islamic and non-interest financial institution, is expected to achieve a N70 billion capital base by!-->…
Inflation Soars to 34.19% in June, Food Prices Drive Increase
The National Bureau of Statistics reported that the headline inflation rate in Nigeria rose to 34.19% in June.!-->…
FG Inaugurates More CNG Conversion Centres In Abuja
The Presidential Compressed Natural Gas (CNG) Initiative has opened conversion centres in Abuja to accelerate the!-->…
FIRS Seals AEDC Headquarters Over Tax Dispute
The Federal Inland Revenue Service (FIRS) sealed the headquarters of the Abuja Electricity Distribution Company!-->…
Jumia Connects Over 11,000 SMEs to Millions of Consumers Across Africa
Jumia, an e-commerce platform, has connected over 11,000 Small and Medium Enterprises (SMEs) to millions of!-->…