NIMASA gets Reps support to disburse CVFF
The Nigerian Maritime Administration and Safety Agency (NIMASA) has received support from the House of Representatives to disburse the $360...
We won’t fix petrol prices again – NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it will no longer fix prices or release templates for...
Fuel subsidy not budgeted for in 2023 budget – NNPC
Alhaji Mele Kyari, Group Chief Executive Officer, Nigerian National Petroleum Company (NNPC), has said that contrary to speculations, the immediate...
Official! Pump price of PMS now N557 per litre (see table)
The Nigerian National Petroleum Company Limited (NNPC Ltd), on Wednesday, adjusted the pump price of Premium Motor Spirit (PMS) across...
NNPC Limited: Scrapping of fuel subsidy payment will allow us function as a commercial entity
Hours after President Bola Ahmed Tinubu announced the scrapping of fuel subsidy payment, the Nigerian National Petroleum Company (NNPC) Limited...
Senate passes Bill to make CBN advances to FG 15%, extends implementation of N819bn supplementary budget to Dec 31
The Senate has passed a bill seeking to amend the Central Bank of Nigeria (CBN) Act to increase its advances...
CJN hails Emefiele, CBN for reforms in Nigeria’s financial sector
*As Apex Bank Gov woos Judiciary to ensure Fair Legal System The Chief Justice of Nigeria (CJN), Honourable Justice Olukayode...
CBN raises baseline lending rate to 18.5%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) to...
Access Holdings shareholders approve N46.21bn final dividend for 2022
Access Holdings Plc shareholders have approved a final dividend of N46.21 billion declared by the company for financial year ended December...
Lekki Seaport berths largest vessel since commencement of operations, Bello-Koko reacts
The Lekki Deep Seaport, on Friday, surpassed stakeholders' expectations since the start of operations with the berthing of its largest...
Nigeria’s inflation rate hits 22.22%
The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate increased to 22.22 per cent on a year-on-year basis...
CBN unveils ‘SabiMONI’ platform to promote financial literacy, inclusion
The Central Bank of Nigeria (CBN), on Monday, unveiled an e-learning platform, SabiMONI, to promote financial literacy and to deepen...
Telecom operators to disconnect banks over N120bn USSD debt
Telecommunications Operators in Nigeria say they have been granted approval by the Nigerian Communications Commission (NCC) to disconnect banks over...
FrieslandCampina WAMCO reports N324.7bn revenue
Dutch dairy company, FrieslandCampina WAMCO Nigeria, has announced a turnover of N324.7 billion for the financial year ended December 31,...
Oil and gas workers express concerns over Nigeria’s N77trn debt
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Thursday in Abuja expressed concerns over Nigeria’s N77...
Market capitalisation on NGX drops N216bn
The market capitalisation of the Nigerian Exchange Ltd. (NGX) shed N216 billion due selloffs in BUA Cement Plc and 19...
Bello-Koko assures approval for $1bn Ondo multipurpose deep seaport project
The Nigerian Ports Authority (NPA) on Thursday in Lagos assured that the $1 billion Ondo State Multipurpose Deep Seaport project...
CBN to boost payment system standard, reduce currency management cost
The Central Bank of Nigeria (CBN) says it is determined to boost Nigeria’s payment system standard by upscaling e-payment infrastructure....
CBN: No plans to phase out redesigned Naira notes
The Central Bank of Nigeria (CBN) says no plans to phase out the redesigned Naira notes from circulation. CBN’s Acting...
Stock market closes negative, sheds N418bn
The equities market, on Monday, opened the week on negative note, sheding N418 billion due to losses in largely capitalised...
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