Sokoto contributes 40% of onions consumed in Nigeria – Governor Aliyu
Sokoto State Governor, Ahmed Aliyu has said the state contributes approximately 40 percent of the total onions consumed in Nigeria, […]
Business
Create policies to sustain investment, MTN, others urge FG
MTN Nigeria and other multinational business owners have appealed to the Federal Government to create a level playing field to
Starlink didn’t receive approval before data tariff increase, says NCC
The Nigerian Communications Commission (NCC), said on Monday the decision by Starlink to unilaterally review its subscription packages upwards did
CBN reaffirms commitment to financial system stability
The Central Bank of Nigeria (CBN) has reiterated its commitment to ensuring the stability of the Nigerian financial system. The
First Bank adopts arts for mass employment, economic development
First Bank of Nigeria (FBN) says it is harnessing strength and skills of the nation’s youths through arts by creating
Polaris Bank wins ‘Best in MSME lending’ award
Polaris Bank has emerged winner as Nigeria’s topmost bank in lending to the Micro, Small and Medium Enterprises (MSMEs). The
Assistant Corps Marshal (ACM) Corps Public Education Officer (CPEO) Olusegun Ogungbemide
An Abuja-based master baker, Miss Faith Iwu, has threatened to sue the Guaranty Trust Bank (GTB) if alleged restriction placed
UBA grows earnings by 40% to N1.37 trillion, declares Interim dividend of N2.00 per share
Africa’s Global Bank, United Bank for Africa (UBA) Plc has released its audited financial results for the half year ended
Investors lose N267bn, as stock market reverses gain
The stock market, on Thursday, reversed some gains from its previous sessions, indicating a loss of N267 billion from the
Heritage Bank: NDIC working to pay depositors fund exceeding N5m
The Nigeria Deposit Insurance Corporation (NDIC), says plans are ongoing to pay depositors of the defunct Heritage Bank whose deposits
CBN further increases interest rate by 50 basis points to 27.25%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has further increased the Monetary Policy Rate (MPR)
Aliko Dangote: I regret not buying Arsenal
Chairman of Dangote Group, Aliko Dangote has expressed regret over his decision not to purchase Premier League club Arsenal for
Decision to further tighten interest rate unanimous, says Cardoso
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has said the decision by the Monetary Policy Committee
Lifting petrol from Dangote refinery ‘ll moderate FX pressure, says Cardoso
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says lifting of petroleum products from the Dangote Refinery
Dangote, Nigeria and an opaque oil industry with phantom dealings, By PAUL EJIME
After much ado, the Nigerian National Petroleum Company Limited (NNPCL) on Sunday 15th September 2024, confirmed lifting fuel from the
AfDB grants over $67m to Madagascar to relaunch economy, improve governance in energy sector
The Board of Directors of the African Development Bank (AfDB) , has approved a loan of $67.3 million to Madagascar
NGX opens positive with N79bn profit
Opening the week’s trading, the Nigerian Exchange Ltd.(NGX)market capitalisation advanced by N79 billion or 0.14 per cent to close at
Rep Abdulraheem lauds Tinubu over signing of MoU between Nigeria, Russian for the rehabilitation, operation of Ajaokuta Steel
The Member Representing Ajaokuta Federal Constituency in the green chamber of the National Assembly, Hon. Sanni Egidi Abdulraheem, has commended
Tinubu restates commitment to attracting FDIs as Coca-Cola pledges $1bn Investment in Nigeria
President Bola Tinubu has reiterated his administration’s commitment to creating a robust financial system and a business-friendly economy that would
NNPC Ltd/TotalEnergies’ $550m Ubeta upstream gas project begins operation – Aide
The 550 million dollars upstream gas project between the Nigerian National Petroleum Company Limited (NNPC Ltd.) and TotalEnergies on the
Nigeria to lead $7.7trn global halal market – Shettima
Vice-President Kashim Shettima has expressed the determination of the country to become number one hub of opportunities in the global
FIRS to introduce e-invoice to enhance Nigeria’s tax system
The Federal Inland Revenue Service (FIRS) says it will introduce the FIRS e-Invoice, a digital solution for managing invoices, in
NGX rebounds as investors gain N178bn
The domestic bourse, on Thursday, rebounded with N178 billion profit, following gains from Tier-one banks, as well as some large
CBN directs service providers to track PoS transactions
The Central Bank of Nigeria (CBN) has directed payment service providers to begin the tracking of all Point of Sale
“It’s deeply troubling”, group urges CBN to address allegations of mismanagement, lavish spending
The Conference of Autochthonous Ethnic Communities Development Association (CONECDA) has criticized the Central Bank of Nigeria (CBN) leadership for its
Investors lose N111bn amid Japaul Gold’s 8bn shares listing
The Nigerian equity market opened the week with N111 billion loss recorded for investors, amid supplementary listing of eight billion
Why we approved crypto exchanges – SEC
The Securities and Exchange Commission (SEC) on Wednesday, explained that it granted approval-in-principle to two crypto exchanges recently to give
No directive was issued to NNPCL to increase petrol price to N1,000, says Lokpobiri
Minister of State Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has said that no directive was issued to the Nigerian National
Analysis: Dangote refinery and Nigeria’s forex
The 20-billion-dollar Dangote refinery investment with 650,000 barrel capacity per day will undoubtedly boost Nigeria’s foreign exchange. Equally, the project
NNPC Ltd. faces financial strain, threatens fuel supply
The Nigerian National Petroleum Company Limited (NNPC Ltd) is experiencing financial strain, which has put considerable pressure on the company