NPA Earns N541bn, transfers N255b to CRF in first six months of 2024 - Outgoing MD ... Handover new staff clinic, five other completed projects to successor The immediate past Managing Director of the Nigerian Ports Authority (NPA), Mr. Mohammed Bello Koko yesterday said the agency...

ATM Transactions Drop by 13% To N28.2 trn   The value of Automated Teller Machine (ATM) transactions fell year-on-year (YoY) by 13.6 percent to N28.2 trillion in 2023 from N32.65 trillion in 2022. The Central Bank of Nigeria, CBN, disclosed this in its March 2024 statistical bulletin. The...

FG Meets Stakeholders to Resolve Dangote Refinery Impasse   The honourable minister of state petroleum, Senator Heineken Lokpobiri, in a decisive move to address the ongoing challenges plaguing the Dangote Refinery, has convened a high-level meeting with key industry stakeholders. The crucial gathering took place with the...

Petrol: Oil Marketers Project N700bn Monthly Subsidy With a landing cost of N1,117 per litre for Premium Motor Spirit, popularly called petrol, the monthly subsidy on the commodity has increased to about N707bn, oil marketers projected on Monday. It was also gathered that as the Dangote...

'Naira To Appreciate Towards N1000 Per Dollar'   The Lagos Chamber of Commerce and Industry (LCCI) has projected that the Naira would appreciate to N1,000 per Dollar. This was disclosed by the President of LCCI, Mr. Gabriel Idahosa, when he addressed news men on the state of...

In Three Months, Forex Inflow Via IMTOs Hits $1.07bn   Foreign exchange inflows from International Money Transfer Operators increased by 38.86 per cent to $1.07bn in the first quarter of 2024, from $770.23m recorded in the same period in the previous year. This was revealed in the...