Business

Crude Oil Exports Rise 75% to N14.56tn in Q2 - NBS  The Nigeria Bureau of Statistics says crude oil exports contributed N14.56 trillion to the country’s total exports in the second quarter of the year, making up 74.98 per cent of the total export value. The...

Marketers, Refiners, Others Call for Total Subsidy Removal Petroleum marketers, refiners, and depot owners in Nigeria have called for the full deregulation of the downstream oil sector, seeking to end government price controls due to subsidies. The Major Energies Marketers Association of Nigeria, in collaboration with...

Afenifere, a pan-Yoruba social-cultural organization, raised its concerns about the Bola Tinubu administration's labeling of hunger protests as treason. They said it betrayed citizens' inalienable right to protest logically. 

The first-ever foreign-currency domestic bond issued by Nigeria has garnered a significant response, with $900 million in subscriptions secured. 

Nigerian pensioners, represented by the Nigeria Union of Pensioners (NUP), have voiced their anger and frustration over the recent fuel price hike, stating that it has caused significant hardship for them and other vulnerable citizens. 

Ola Olukoyede, the Executive Chairman of the Economic and Financial Crimes Commission (EFCC), has proclaimed the Commission's unwavering determination to enact comprehensive and robust financial laws and regulations for the nation, with the ultimate goal of thoroughly sanitizing the banking sector and shielding it from the harmful effects of nefarious activities perpetrated by rogue elements.