Warri Refinery Pauses Operations for Maintenance, One Month After Resumption   Barely a month after announcing the commencement of the 125,000 barrels Warri refinery, the Nigerian National Petroleum Company Limited has said the facility is undergoing a planned routine maintenance programme aimed...

Tinubu's Budget Expansion Proposal Sparks Debate Among Experts   President Bola Tinubu has raised the proposed 2025 budget from N49.7 trillion to N54.2 trillion, citing additional revenues generated by key government agencies. The president conveyed the budget adjustment in separate letters sent...

Exporters Lose $10m Over NPA's System Upgrade   Exporters under the aegis of the Association of West African Exporters and Maritime Professionals (AWAEMAP) have decried massive losses exceeding $10 million due to the Nigerian Ports Authority’s (NPA) integration of the Nigeria...

Banks Borrow N1.2trn From CBN in One Day Amid Liquidity Pressure   Owing to liquidity challenge, Nigerian Deposit Money Banks (DMBs) have made the largest single withdrawal of N1.2 trillion from the Central Bank’s (CBN) Standing Lending Facility (SLF) to fund operations due to...

FG Sets 12% Interest Rate for N1trn Housing Loans   The Federal Government has announced a N1 trillion real estate funds aimed at facilitating home ownership through the provision of low-interest loans at a 12per cent interest rate. This initiative is...

FG Predicts Economic Uplift as Tax Bills Take Effect   Experts in law and finance, including high-ranking government officials, emphasize the crucial role that law plays in driving economic growth and prosperity in Nigeria. This is just as the federal government reiterated...