Business

Fuel Crisis: Transporters Threaten to Occupy NNPL Headquarters Some transport groups on Monday threatened to occupy the headquarters of the Nigeria National Petroleum Limited over...

Naira Scarcity: NACCIMA Urges CBN to Introduce N5,000 Note The Director-General of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, Sola Obadimu,...

JUST IN: Kogi, Kaduna Zamfara Govts Sue FG over New Naira Notes Concerned with the effects the Central Bank of Nigeria (CBN)’s naira redesign policy...

139 Investors to Commercialise Gas Flares - FG The Federal Government said that a total of 139 investors had shown readiness to monetise the gas...

Nigeria, Egypt Sign MoU to Promote Trade Fairness The Federal Competition and Consumer Protection Commission and the Egyptian Competition Authority on Thursday signed a Memorandum...

Governors to Meet Buhari on Currency Scarcity, New Notes' Deadline  Governors of the 36 states of the federation are scheduled to meet President Muhammadu Buhari...

Shell Records Profits of $39.9bn, Highest in 115 Years Oil and gas giant Shell has announced a huge profit record of $39.9bn (£32.2bn) for 2022,...

CBN Directs Banks to Start Over-the-Counter Payments of New Note The Central Bank of Nigeria (CBN) has directed commercial banks to commence the payment of...

TUC to FG: Ban on Aviation Workers’ Strike Impossible The Trade Union Congress has warned the federal government against implementing directives prohibiting industrial action among...

NNPC Pumps 67 million Litres to Ease Scarcity The Nigerian National Petroleum Company Limited has released about 67 million liters of Premium Motor Spirit to...

FG Approves N9.6bn Refund to Plateau, Borno for Road Projects The federal executive council (FEC) has reimbursed the sum of N9.6 billion to Plateau and...

Moody Investors Downgrade Nine Nigerian Banks   An international rating agency, Moody’s Investors Service, has downgraded nine Nigerian banks following its downward review of Nigeria’s rating...

Credit To Govt Rises By 8% To N24.6trn   Credit to the government rose month-on-month (MoM) by eight percent to N24.6 trillion in December 2022 from...

Update: Emefiele Assures Banks Will Accept Old Naira Notes After Deadline The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has disclosed that...

Emefiele Finally Appears Before House of Reps Today The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has appeared before the House of...

Ministries, Agencies Must Ensure Quality Service Delivery - FG The Office of the Head of Civil Service of the Federation has tasked Ministries, Department and...

PENGASSAN to Clampdown on Marketers Over N650 Petrol Sales The Petroleum and Natural Gas Senior Staff Association of Nigeria, has reported that their findings showed...

FG Establishes Farm Estate on 100 Hectares in Sokoto  In Sokoto, the Federal Government says it has established an integrated farm estate on 100 hectares...

IMF Predicts Nigeria’s Economic Growth to Hit 3.2% in 2023 The International Monetary Fund says Nigeria’s economy is set to grow from 3.0 per cent...

New Naira: CBN Approves N30m Daily to Bauchi Banks The Central Bank of Nigeria says it allocates N30 million new naira notes daily to each...