Illegal Drugs

FG to Conduct National Drug Use Survey to Combat Drugs, Others

FG to Conduct National Drug Use Survey to Combat Drugs, Others The Federal Government says it will conduct a drug use survey as part of...

NGF Assures Labour of Better Minimum Wage from Ongoing Negotiations

NGF Assures Labour of Better Minimum Wage from Ongoing Negotiations  The Nigeria Governors’ Forum (NGF) have assured Nigerians that better wages will result from the...
INEC

Tinubu, Governors to Discuss Minimum Wage at NEC Meeting Today

Tinubu, Governors to Discuss Minimum Wage at NEC Meeting Today The National Economic Council, led by President Bola Tinubu, will meet at the Aso Rock...

Dangote Refinery: Operators Warn of Crude Supply Crisis, Threat to Investments

Dangote Refinery: Operators Warn of Crude Supply Crisis, Threat to Investments The domestic crude oil supply crisis that recently led to accusations and denials in...

Oil Theft: NNPC Uncovers New165 Illegal Refineries in Niger Delta 

Oil Theft: NNPC Uncovers New165 Illegal Refineries in Niger Delta  The Nigerian National Petroleum Company Limited said it uncovered another 165 illegal refineries in various...
Debt Management Office (DMO)

DMO: Exchange Rate Contributed To Nigeria’s Debt Increase

According to the Debt Management Office (DMO), exchange rate swings have contributed to the increase in Nigeria's national debt stock, which went from N97.34 trillion in December 2023 to N121.67 trillion in March. 
CBN Governor, Olayemi Cardoso

Cardoso Reaffirms CBN’s Commitment to Bank Recapitalization for Economic Growth

Mr. Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has reiterated the Bank’s commitment to collaborating with relevant financial institutions, fiscal authorities, and the National Assembly in order to ensure the success of the ongoing bank recapitalization exercise.  
Afenifere Renewal Group (ARG)

Afenifere: FG Should Reverse Suspension Of Heritage Bank Licence

The Afenifere Renewal Group (ARG), a Pan Yoruba socio-political organisation, yesterday, urged the federal government to mandate the Central Bank of Nigeria (CBN) to reverse the recent suspension of Heritage Bank’s licence.  
Mohammed Bello Koko NPA

NPA: Maritime Industry Revenue Has Grown From N361bn To N501bn

According to Mohammed Bello Koko, the Managing Director and Chief Executive Officer of the Nigerian Ports Authority (NPA), the effective operations of Nigeria’s ports and the maritime industry have improved its revenue generation. 
Fibre-Optic Technology

Nigeria’s $2bn Fibre-Optic Project Will Revolutionize Connectivity 

In a bid to position Nigeria as Africa’s third-largest terrestrial fibre-optic infrastructure in Africa, Mr. Wale Edun, the Honourable Minister of Finance and Coordinating Minister of the Economy, on Tuesday in Abuja, addressed the Fibre Forward Strategic Development Workshop, organized by the Federal Ministry of Communications, Digital Economy and Information Technology (FMCIDENigeria).
Dangote Refinery on Fire

Breaking: Dangote Refinery Experiences Fire Outbreak

A section of Dangote Petroleum Refinery, located in Ibeju-Lekki, Lagos State, experienced an outbreak of fire on Wednesday. 
AMCON

AMCON Achieves Impressive Growth In 2023 Despite Economic Hardship 

The Asset Management Corporation of Nigeria (AMCON) has achieved a remarkable triple-digit growth of 202 per cent from N34.730 billion in 2022 to N108.433 billion in 2023 despite challenging macroeconomic conditions coupled with economic headwinds. 
Godswill Akpabio, The Senate President

Akpabio: Over 30,000 Student To Benefit From Student Loan Scheme

According to Godswill Akpabio, the Senate President has announced that more than 30,000 Nigerian students have been selected to benefit from the student loan scheme introduced by President Bola Tinubu. 
NMDPRA

NMDPRA: Dangote Refinery’s Claim False, No Dirty Fuels in Nigeria

According to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), there were no dirty fuels, especially diesel being imported into the country, stressing that all imports meet current specifications. 
President Bola Ahmed Tinubu Continental

Tinubu: Reforms Will Direct Nigeria From Economic Ruin

President Bola Tinubu reaffirmed his administration’s commitment to navigating Nigeria away from economic ruin through a series of comprehensive reforms.
Crude Oil, Oil Production, Oil price

Weak Oil Demand Dips Market

The oil market fell yesterday as weak consumer confidence data in the United States fed concerns regarding the economic outlook and fuel demand after a slow start to the summer driving season, with Brent futures for August down by $1 or 1.2 per cent at $85.01 a barrel and the US West Texas Intermediate (WTI) crude futures losing 80 cents or 1 per cent to settle at $80.83 per barrel. 

Electricity Consumers Rise 9.5% to 12.33m in Q1 2024, Says NBS

Electricity Consumers Rise 9.5% to 12.33m in Q1 2024, Says NBS The National Bureau of Statistics report revealed that the number of electricity consumers in...
President Bola Ahmed Tinubu

Tinubu: Energy Transition Success Relies On Supporting Vulnerable Population 

According to President Bola Tinubu, Nigeria must remain committed to a balanced approach to energy transition that supports the vulnerable members of society. 
cbn

Liquidity: Banks Borrow N3.76tn From CBN

The tightening of the Central Bank of Nigeria’s (CBN) monetary policy has lead to a lack of liquidity in the banking system. As a result, in just three weeks in June 2024, several Nigerian banks and merchant banks have borrowed an estimated N3.76 trillion from the CBN to cover their daily obligations. 
Petrol, Fuel, Oil Marketers

Motorists in North-east Stranded as Over 1,800 Filling Stations Shut Down – IPMAN

Motorists in North-east Stranded as Over 1,800 Filling Stations Shut Down - IPMAN The Independent Petroleum Marketers Association (IPMAN) says nearly 2,000 petrol outlets in...
Latest News
Nigeria's Total Debt Rises N24.33tr as FG Borrowed N7.71tr In Q1 2024 – DMOAfter Bearish Trend, Equity Market Rebounds with N95bn GainFG to Install 90,000 km Terrestrial Fibre-optic Infrastructure, Says EdunCBN Shuts Down FX Price Verification Portal for Importers July 1FG to Conduct National Drug Use Survey to Combat Drugs, OthersNGF Assures Labour of Better Minimum Wage from Ongoing NegotiationsTinubu, Governors to Discuss Minimum Wage at NEC Meeting TodayDangote Refinery: Operators Warn of Crude Supply Crisis, Threat to InvestmentsOil Theft: NNPC Uncovers New165 Illegal Refineries in Niger Delta DMO: Exchange Rate Contributed To Nigeria’s Debt IncreaseCardoso Reaffirms CBN’s Commitment to Bank Recapitalization for Economic GrowthAfenifere: FG Should Reverse Suspension Of Heritage Bank LicenceNPA: Maritime Industry Revenue Has Grown From N361bn To N501bnNigeria's $2bn Fibre-Optic Project Will Revolutionize Connectivity Breaking: Dangote Refinery Experiences Fire Outbreak
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