Nigerians Loan on Lending Apps Rise N7.5trn in 2024 - Report The Central Bank of Nigeria says the number of approved digital lenders in the country has surged by 79.77 percent since April 2023, reflecting the rising credit appetite among Nigerians. This, the apex bank revealed...

Emirates’ Return: Keyamo Says Nigerian Airlines Can Now Fly to Anywhere in UAE Minister of Aviation and Aerospace Development, Mr Festus Keyamo, SAN, yesterday said with the revised bilateral air service agreement (BASA) with the United Arab Emirates (UAE), Nigerian airlines can fly to any...

Tincan Port: Customs Intercepts Three Containers with Cannabis Indica Worth N682m  The Nigeria Customs Service, Tincan Island Command, has seized three containers loaded with 684 packets of Cannabis Indica weighing 341.025kg valued at N682m. The Customs Area Controller in charge of the command, Dera Nnadi, disclosed...

1.46 billion litres of Petrol Produced by Local Refineries in Four Years - NBS The National Bureau of Statistics says Nigeria could only produce 1.46 billion litres of petrol From 2015 to 2019 due to low refining capacity caused by the country’s inactive refineries. It disclosed...

World Bank, Ministry of Maritime Partner to Develop Blue Economy Sector The World Bank Group has expressed its desire to partner with the Ministry of Marine and Blue Economy to develop Nigeria’s maritime sector. Announcing this in a statement on Wednesday, an aide to the Minister...

Offshore: FG Gives Fresh Tax Reliefs, Stops VAT on Diesel, Cooking Gas The Federal Government has disclosed the provision of new tax reliefs for deep offshore oil and gas production to boost investments in the sector. It also announced that the importation of key energy products...