Inflation: Analysts Fear Another Rise in Interest Rate as MPC Meets Today As the Monetary Policy Committee of the Central Bank of Nigeria starts its two-day meeting on Tuesday (today), analysts have indicated that the committee may raise the Monetary Policy Rate again to tackle...

Dangote has Paid Back 70 Percent of Loans Taken to Finance Refinery Project - Emefiele The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said the Dangote Group has paid back 70 percent of the loans it took from financial institutions to...

Buhari to Commission N19.6bn Customs Headquarters Tuesday  President Muhammadu Buhari is scheduled to inaugurate the new headquarters of the Nigeria Customs Service (NCS) in the federal capital territory (FCT), Abuja, on Tuesday. The building is located behind the headquarters of the Nigerian Communications Commission (NCC) in...

Dangote Refinery Will Stabilise Naira, Impact Lives, Says Shettima The Vice President-elect, Kashim Shettima is of the opinion that the just inaugurated Dangote Petroleum Refinery and Petrochemicals will help stabilise the naira. He is also certain that the project buries all stereotypical negative narratives about Nigeria...

Buhari Hails Tinubu, Dangote at Commissioning of Refinery in Lagos President Muhammadu Buhari on Monday said he is happy to leave the nation’s economy in the hands of President-elect, Asiwaju Bola Tinubu and his team. He spoke at the inaugurated Dangote Petroleum Refinery in Ibeju-Lekki, Lagos. The...

Dangote Refinery to Generate 135,000 Jobs, 12,000 Megawatts of Electricity - CBN The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said the Dangote Oil Refinery is expected to generate 12,000 megawatts of electricity and over 135,000 permanent jobs. Emefiele said this on Monday...