Nigeria Joins Afreximbank’s FEDA To Strengthen African Export Dev’t
In an effort to boost African export development, Nigeria has officially become a member of the Fund for Export Development in Africa (FEDA). This...
Govt’s Huge Purchases For Palliatives, Major Contributor to Food Inflation – Cardoso
Olayemi Cardoso, governor of the Central Bank of Nigeria, has identified the government's large purchases of food as a contributor to the country's galloping...
N200bn debt: IPMAN threatens closure of 30,000 filling stations
Oil dealers under the aegis of the Independent Petroleum Marketers Association of Nigeria, on Tuesday, declared that it would shut down the 30,000 stations...
Petrol hits N800 as 240 million-litre vessels arrive
In an effort to combat the growing nationwide petrol shortage, the Nigerian National Petroleum Company Limited started dumping 240 million litres of Premium Motor...
CBN Stops Opay, Moniepoint, Others From Onboarding New Customers
The Central Bank of Nigeria (CBN) has stopped mobile money operators including fintech firms like OPay, Palmpay, Kuda Bank, and Moniepoint from onboarding new...
Finance ministry recovered N57bn MDAs’ debts – Director
THE Federal Ministry of Finance has recovered over N57bn from the N5.2tn debts owed by ministries, departments and agencies to the Federal Government.
The Director,...
Dangote drops diesel to N940, stations sell N1,400
Oil marketers have continued to dispense Automotive Gas Oil, popularly called diesel, at a price between N1,350/litre and N1,450/litre in various locations across the...
Naira tumbles at official market, trades N1,234/1$
For the second consecutive time, Naira on Monday slightly depreciated at the official market, representing a 5.51 per cent loss when compared to the...
IMF Predicts Nigeria’s Inflation Dropping To 26.3% This Year
The International Monetary Fund (IMF) has said Nigeria’s inflation rate will drop to 26.3% in 2024, noting that the country’s economy will equally grow...
NPA Secures $700m Facility From Citibank To Rehabilitate Apapa, Tin-Can Ports
The Nigerian Ports Authority (NPA) has secured about $700million loan from Citibank for the rehabilitation of Apapa and Tin-Can Island Ports in Lagos. ...
- Advertisement -
More Stories
Terrorists Attack Soldiers In Borno, Many Feared Dead
Scores of soldiers have been reportedly killed following a terrorists attack on Kareto town in Mobbar LGA of Borno State.
Borno State Governor Prof Babagana...
AG uncovers N4.6bn unapproved spending in Umahi’s ministry
An audit report has uncovered financial irregularities totalling over N4.64bn in the Federal Ministry of Works (Housing Sector), raising concerns about systemic non-compliance with...
APC, PDP govs disagree over oil revenue sharing
The Governor of Bauchi State, Bala Mohammed, has revealed that state governments have yet to benefit from the improved revenue generated by the oil...
