The World Bank has said that Nigeria is seeing positive results from the economic reforms by President Bola Tinubu’s administration. World Bank’s lead economist, Alex Sienaert, said this during a presentation in... Read more »

The Nigerian National Petroleum Company (NNPC) Limited has denied claims that it reached an agreement with the Independent Petroleum Marketers Association of Nigeria (IPMAN), on the price of Premium Motor Spirit (PMS),... Read more »

The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso has outlined measures to tackle inflation and strengthen the banking sector, projecting a more resilient financial system by 2026. Addressing the... Read more »

The Nigerian foreign reserves has risen to US$39.12 billion, representing 12.74 per cent as of October 11, 2024 (last week Friday) from US$34.70 billion at the of end June 2024, the Central... Read more »

Eggs have become inaccessible for several Nigerian homes who cannot afford to pay N6000 to purchase a crate of the poultry products. The average price of a crate of eggs has hit... Read more »

The Chairman of Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has said the Committee is coming up with reforms to ensure that Nigerians who are supposed to pay tax... Read more »

The Federal Government of Nigeria has generated N103.7bn in revenue from the Electronic Money Transfer Levies in the first half of 2024. According to data from the Central Bank of Nigeria’s statistical bulletin,... Read more »

Data released by the Nigerian Electricity Regulatory Commission has revealed that power generated in the country dropped in the second quarter of 2024. As of the first quarter of 2024, the country... Read more »

The Federal Government has announced that the Marketers are now permitted to directly obtain petrol from the Dangote Refinery The Federal Government has granted permission for petroleum marketers to obtain petrol directly... Read more »

Zenith Bank, one of Nigeria’s foremost financial institutions, has successfully restored full operational services across its electronic transaction channels, ensuring that customers can now enjoy seamless access to digital banking services. This... Read more »

Access Bank has announced that it will temporarily shut services for a system upgrade aimed at optimising its offerings to customers. In an email sent to its customers on Tuesday, the bank... Read more »

The naira continued its downward spiral against the dollar at the foreign exchange market following another round of fuel price increases by the Nigerian National Petroleum Company Limited. This latest adjustment marks... Read more »

In a show of strong support for Guaranty Trust Holding Company (GTCO), the Central Bank of Nigeria (CBN) has set the record straight by debunking allegations being peddled against GTCO and its... Read more »

Nigeria attracted $5.97 billion investments in the first half of 2024, according to a capital importation report by the National Bureau of Statistics (NBS) on Tuesday.The report indicated that total capital importation... Read more »

Nigerians will soon face increased petrol prices due to the Nigerian National Petroleum Company Limited (NNPC Ltd) decision to terminate its exclusive purchase agreement with Dangote Refinery According to a Premium Motor... Read more »

Chairman of Dangote Refinery and Petrochemicals Company Limited, Aliko Dangote, has said that Nigeria’s in-country petroleum products refining would help save the continent a whopping $17 billion spent to import products from... Read more »

Huawei, the global technology leader, will be introducing its latest innovation, the HUAWEI Mate XT, in Nigeria. This cutting-edge, tri-fold smartphone has been garnering attention worldwide for its revolutionary design and advanced... Read more »

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced that it is still in negotiations with the Dangote Refinery regarding the commencement of oil lifting operations. Currently, IPMAN has not begun... Read more »

The naira appreciated significantly against the dollar at the foreign exchange market as FX supply increased on Tuesday. FMDQ data showed that the naira gained to N1561.76 against the dollar on Tuesday... Read more »