OAGF Reaffirms Remitta as CBN's Approved Payment Gateway
The Office of the Accountant General of the Federation (OAGF), yesterday clarified that Remitta remains the Central Bank of Nigeria’s (CBN) approved payment gateway, adding that the federal government had not discarded the platform.
The clarification came same...
Dangote, NNPCL Petrol Price War an Advantage to Nigerians, Says Rewane
Bismarck Rewane, managing director of Financial Derivatives Company, a consultancy firm says Nigerians will benefit more from the seeming petrol price war between Dangote refinery and Nigeria National Petroleum Corporation Limited.
This is as as...
Presidential Trips: FG Secures $50bn Investment Deals - Minister
The federal government says it has secured $50.8 billion in investment commitments through a series of international engagements, including President Bola Tinubu’s recent overseas visits.
Jumoke Oduwole, Minister of Industry, Trade, and Investment, disclosed this during a...
Akinniyi, Isa-Olatinwo, 14 Others Appointed CBN Directors
The Central Bank of Nigeria has appointed 16 new directors across key departments, ending nearly two years of acting leadership in several units as the apex bank moves to strengthen its regulatory framework.
The appointments were part of Governor...
Investors Lose N344.95bn as Equity Market Trade Declines
Transactions on the floor of the Nigerian Exchange Limited on Tuesday closed on a negative note as investors lost N344.95bn, with the decline marking a downturn, tripling the market’s previous gains.
The All-Share Index fell by 0.51 per...
Dangote Sugar Annual loss Widens to N193bn
Dangote Sugar Refinery Plc has reported a loss after tax of N192.6bn for the financial year ended December 31, 2024, representing a 161 per cent increase from the N73.76bn loss recorded in the corresponding period of 2023.
The company’s...
