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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!-->…
CBN Appoints Full Board of Directors for Polaris Bank
The Central Bank of Nigeria (CBN) has announced a full board of directors for Polaris Bank, signaling significant!-->…
Firm, UKAid, others plan yam exports
Evolvecrest Global Company Limited, in collaboration with UK Aid and South West Nigerian state governments, has!-->…
Nigeria’s 70% windfall bank tax: Rewarding effort, taxing Luck
In 2023, Nigeria's President Bola Tinubu introduced major economic reforms, including removing fuel subsidies and!-->…
FG set to exploit $7trillion global Halal market
On Wednesday, the Federal Government will unveil a strategy aimed at positioning Nigeria as a global leader in the!-->…
Dangote refinery: Queues now a thing of the past, says Otedola
Billionaire businessman Femi Otedola has praised Nigerian President Bola Tinubu following the start of fuel!-->…
[ICYMI] Nigeria, UK battle over Air Peace landing right in Heathrow
Nigeria's Minister of Aviation and Aerospace Development, Festus Keyamo, has formally protested to the UK aviation!-->…
N950/litre Dangote petrol may justify more importation — Marketers
The Nigerian National Petroleum Company Limited (NNPC) has announced that petrol from the Dangote Refinery will!-->…
Regency Alliance grows profit to N1.93bn
Regency Alliance Insurance Plc reported a 225% increase in profit after tax for the year ending December 31, 2023,!-->…
Banks borrowed N3tn from CBN in one week – Report
Nigerian banks and discount houses borrowed N3tn from the Central Bank of Nigeria (CBN) through the Standing!-->…
Emirates Airlines unveils plans for return
After a two-year hiatus due to trapped funds and other challenges, Emirates Airlines is preparing to relaunch!-->…
Stakeholders seek synergy amongst oil industry operators
Chairman of the Major Energy Marketers Association of Nigeria (MEMAN), Huub Stokman, has emphasized the need for!-->…
Inflows from domestic dollar bond push forex reserves to $36.9b
Nigeria's foreign exchange (FX) reserves have increased by $337.89 million week-on-week to reach $36.9 billion as!-->…
Cyber Criminals Target Nigerian Businesses with Over 580,000 Threats in 2024
Cyber criminals are increasingly targeting Nigerian businesses, with over 586,000 threats detected in the first!-->…
Stockbrokers launch Lagos District Zone
The Chartered Institute of Stockbrokers (CIS) has officially inaugurated its Lagos Island District Society to!-->…
AfDB raises $2bn in new social bond issue
The African Development Bank (AfDB) has launched a new $2 billion social benchmark bond, set to mature on!-->…
NNPC suspends fresh petrol orders over huge backlogs
The Nigerian National Petroleum Company (NNPC) has closed its petrol application portal, preventing independent!-->…
Nigeria’s trade surplus hits N6.9tn in Q2 – NBS
Nigeria's foreign exchange earnings saw significant growth in the second quarter of 2024, with the trade surplus!-->…
Maritime workers lament delay in port concession licences renewal
The Maritime Workers Union of Nigeria (MWUN) has called on the Federal Government to urgently renew the port!-->…
NNPC Demands Deployment of Its Crude Monitoring Team to Dangote Refinery
The Nigerian National Petroleum Company Limited (NNPC) and Dangote Refinery are making strides in their ongoing!-->…
Q2 2024: Federal Government VAT Collection Up 9.11% to N1.56tn
In Q2 2024, Nigeria’s Value Added Tax (VAT) receipts rose to N1.56 trillion, representing a significant 99.82%!-->…