Fuel Imports Hit 2.3bn Litres Despite Local Production Despite the commencement of petrol production by two major refineries in Nigeria in the last three months, oil marketers have continued to import and distribute the product nationwide. It was gathered on Wednesday that marketers imported 2.3 billion...

PRNigeria FactCheck Debunks Claims of Multibillion Naira Discovery in El-Rufai’s Son’s Home A viral report alleging that the Economic and Financial Crimes Commission (EFCC) discovered $800 million, ₦700 billion in cash, and ₦1 trillion worth of drugs at the home of the son of former...

CBN Clarifies Staff Early Exit Exercise ...Says Participation is Entirely Voluntary The Central Bank of Nigeria (CBN) has dismissed claims of forced mass retirements, clarifying that its Early Exit Package (EEP) is entirely voluntary and without any negative repercussions for eligible staff. Speaking in Abuja on...

NDLEA Partners CCC on Anti-Drug Communication The Chairman of the National Drug Law Enforcement Agency (NDLEA), Brigadier General Buba Marwa (Rtd), has called for bolstered collaboration with civil society organizations and local communities to address the pervasive drug crisis in Nigeria. General Marwa made this impassioned...

According to Dr Rabiu Olowo, the Executive Secretary/Chief Executive Officer of the Financial Reporting Council of Nigeria (FRC), has noted that the proposed valuation regulations will strengthen the financial landscape in the country.

The Central Bank of Nigeria (CBN) has made adjustments to foreign exchange rates for cargo clearance in Nigeria’s air and seaports, which becomes effective on Tuesday, December 3, 2024.