Africa Open for Business Summit Addresses Climate Justice and Women’s Leadership – Djibril Diallo
Africa Open for Business Summit Addresses Climate Justice and Women's Leadership - Djibril Diallo A groundbreaking event that will shape...
business
CBN warns forex operators against infractions as crisis worsens
The Central Bank of Nigeria (CBN) has issued a warning to International Money Transfer Operators (IMTOs) for allegedly engaging in...
CBN denies crashing forex to N1.25 against Dollar
The Central Bank of Nigeria (CBN) has denied claims that it would crash the exchange rate to N1.25/$1. On Wednesday,...
Nigeria, Benin Republic collaborating to strengthen trade relations – NCS
The Nigeria Customs Service (NCS) says it is in collaboration talks with the Customs Service of the neighbouring Republic of...
Nigeria records 148 crude oil theft incidents in Six days – NNPCL
The Nigerian National Petroleum Company Limited (NNPCL) said it documented 148 crude oil theft incidents between September 2 and 8,...
NERC unveils Power Outage Reporting app
The Nigerian Electricity Regulatory Commission (NERC) has launched a Power Outage Reporting (PORS) app on Monday. Unveiling the app to...
Nigeria’s constitution should be amended to make it compulsory for govt agencies to submit yearly financial statements – Taiwo Oyedele
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, says Nigeria’s constitution should be amended...
Nigerians don’t trust government – Tax Committee chair reveals reason for non-payment of taxes
Taiwo Oyedele, the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has said Nigerians do not trust...
FG has secured $163m AfDB loan for wheat production – Shettima
Vice President Kashim Shettima has disclosed that the African Development Bank (AfDB) has agreed to loan Nigeria $163 million to...
Digitize operations to end forex crisis, bureau de change operators tell CBN
The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged the Central Bank of Nigeria (CBN) to digitize...
EEDC expresses regret over power outage in Anambra
The management of the Enugu Electricity Distribution Company (EEDC) has expressed regret over the power outage being experienced by its...
NEGF mulls establishing regional rail transport, power generation companies
The North East Governors Forum (NEGF) said it is considering the establishment of an independent power generation company to cater...
Metered electricity customers in Nigeria increase to 5.47m in Q2 2023
Metered electricity customers in Nigeria increased to 5.47 million in the second quarter of 2023. The National Bureau of Statistics’...
Telecoms: Nigeria’s voice subscribers hit 222m in Q1 — NBS
Nigeria’s active voice subscribers in the telecommunications sector increased by 13.33 per cent to 226,161,713 in the first quarter of...
NNPCL denies opposing Oando’s acquisition of Agip
The Nigerian National Petroleum Corporation Limited (NNPCL) has debunked claims that it kicked against Oando PLC’s acquisition of the Nigerian...
Nigeria Customs deactivate authorized dealer banks over defaults in duty remittances
The Acting Comptroller General of the Nigeria Customs Service, Bashir Adeniyi, has said the service had deactivated authorized dealer banks...
Cattle sellers decry drop in sales after subsidy removal
Alhaji Sadiq Ibrahim, Chairman, Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN), Bauchi State, has decried the drop in cattle...
Indian investors pledge $14bn investment in Nigeria
President Bola Ahmed Tinubu says Indian investors have pledged $14 billion in direct investments in Nigeria. Ajuri Ngelale, Special Adviser...
NERC okays 40% price increase for meters
The Nigerian Electricity Regulatory Commission on Tuesday approved a 40 per cent upward review of unit costs for end-use meters...
Tinubu departs Abuja for G-20 Summit
President Bola Ahmed Tinubu, on Monday, departed Nigeria for India to attend the G-20 Summit upon the invitation of Prime...
Enugu govt to supplement LG funds by 60 per cent
The Government of Enugu State says it will augment funding for development projects by local government councils in the state...
100 days in office: Tinubu’s policies divide financial experts
The first 100 days of President Bola Ahmed Tinubu’s administration have been laced with praise and blame. Upon Inauguration on...
FG generated N193.59bn from solid minerals in 2021 – NEITI
The Federal Government generated N193.59 billion from the solid minerals sector in 2021. The sector also contributed N814.59 billion between...
NGX records 16.4trn gains in three months, trails Ghana Stock Exchange in performance
The Nigerian Exchange Limited (NGX) recorded 16.388 trillion gains from June to August 31. The development comes as NGX trailed...
NEMSA allays fear of electricity consumers over meter upgrade
The Nigerian Electricity Management Services Agency, NEMSA, has assured electricity consumers using prepaid meters that units already purchased will not...
FG to set up taskforce against illegal miners
The federal government has unveiled plans to create a task force against illegal miners. The Minister of Solid Minerals Development,...
FG’s Q1 2023 expenditure exceeds revenue by N1.4trn – CBN
The federal government’s expenditure exceeded its revenue by N1.43 trillion in the first quarter of 2023. The Central Bank of...
