Emefiele Says Non-oil Exporters Repatriated $1.7bn In Q1, 2023   The Central Bank of Nigeria (CBN), yesterday, revealed that non-oil exporters repatriated about $1.7 billion into the nation’s economy in the first three months (Q1) of 2023. Its Governor, Godwin Emefiele disclosed...

Fed Govt Orders Private Jets Removal From Abuja Airport   The Federal Airport Authority of Nigeria (FAAN) has ordered the immediate relocation of all aircraft stationed at the General Aviation Terminal of the Nnamdi Azikiwe International Airport, Abuja ahead of the...

Banks Demand Tax Clearance Certificate On FX Transactions   The federal and state governments have mandated commercial banks as well as Ministries, Departments and Agencies of Government (MDAs) to henceforth, implement the demand for a valid Tax Clearance Certificate (TCC) as...

IMF To Nigeria: Expect Significant Reduction In Foreign Loans   The International Monetary Fund (IMF) has warned Nigeria to expect a significant reduction in foreign loans as the global economy continues to experience new shocks and contractions. The IMF Deputy Divisional Chief,...

Petrol: El-Rufai, Sanusi, World Bank Urge FG To End Subsidy   The Governor of Kaduna State, Nasir El-Rufai, on Tuesday, revealed that in 2021, President Muhammadu Buhari , agreed that it was senseless to be spending trillions of naira as subsidy...

Shift From Diesel To Gas, NMDPRA Urges Stakeholders   The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has urged its stakeholders across the country to shift from the use of AGO (diesel) to gas which has low maintenance, is cost...