Price of 5kg of cooking gas increases from N5,139.25 to N6,154.50
The National Bureau of Statistics (NBS) says the average price of 5kg of cooking gas increased from N5,139.25 recorded in...
Naira appreciates by 1.5% against dollar
The Naira experienced a slight appreciation at the official market, trading at N1,431.49 to a dollar on Friday. Data from...
NPA to generate N629bn revenue in 2024 – Bello-Koko
The Managing Director of the Nigerian Ports Authority (NPA), Mr Mohammed Bello-Koko, says the agency is expected to generate N629.89...
FAAC: FG gets N320bn, states N287bn, councils N210bn
The Federation Account Allocation Committee (FAAC) has shared a total of N903.480 billion September 2023 Federation Account Revenue to the...
Unilever Nigeria records 26% turnover growth
Unilever Nigeria Plc has declared a turnover of N81.6 billion for the nine months ended September 30, 2023. The company’s...
FG proposes N26.01trn for 2024 fiscal year (see details)
The Federal Government has proposed the sum of N26.01 trillion for the 2024 appropriation based on oil price benchmark of...
Ways and Means: Tinubu will not go beyond statutory limit, says Edun
President Bola Tinubu will not go above statutory limits in obtaining budget support facilities from the Central Bank of Nigeria...
H1: UBA ‘most profitable bank in Nigeria’
With a profit before tax amounting to N404 billion, an increase of 371 per cent from N85.75 billion, and profit...
Senate confirms Cardoso, four others as CBN Governor, deputies
The Senate confirmed the appointment of Dr Olayemi Cardoso as the Governor of Central Bank of Nigeria (CBN) on Tuesday....
NCC extends submission of application for Hackathon
The Nigerian Communications Commission (NCC) has extended the deadline for submission of applications and entries into the 2023 Talent Hunt...
CBN postpones September MPC meeting
The Central Bank of Nigeria (CBN), on Thursday, announced the indefinite postponement of the September version of its bi-monthly Monetary...
CBN digitises licensing application and approval for microfinance banks
The Central Bank of Nigeria (CBN), on Wednesday in Abuja unveiled a new online platform for the submission licence applications...
Tinubu nominates Cardoso as CBN governor (see names of four deputy governors)
President Bola Tinubu has approved the nomination of Dr Olayemi Cardoso to serve as the new Governor of the Central...
FG: No plans to increase taxes
The Federal Government says it has no plans to increase taxes or add to the burdens of the country’s tax...
Access Bank launches custody services as part of expansion strategy
Access Bank Plc has, as part of its expansion strategy, launched custody services to offer safekeeping and servicing of financial...
CBN raises interest rate from 18.5% to 18.75%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), on Monday, raised the country’s Monetary Policy Rate...
$2.5bn annual loss to gas flaring: Reps invite Total, Mobil, Oando, Ardova, others
Speaker of the House of Representatives, Tajudeen Abbas, has inaugurated an Ad hoc Committee to investigate alleged $9.05 billion revenue...
Naira drops, exchanges at N769.25 to dollar
The Naira, on Friday, dropped against the dollar, exchanging at N769.25 at the investors and exporters window. The Naira depreciated...
IPMAN denies plan to hike petrol to N700 per litre
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has denied an alleged plan by the association to increase pump price...
Nigeria’s public debt hits N49trn
The Debt Management Office (DMO) said the total public debt stock of Nigeria as at March was N49.95 trillion ($108.30 billion). According...
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