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PETROAN orders nationwide inspection of fuel pumps

  • 23rd September 2026

NIMC denies NIN, personal data exposure reports

  • 23rd September 2026

MAN urges FG to cut Nigeria’s dependence on

  • 23rd September 2026

Naira may face depreciation pressure after CBN rate

  • 23rd September 2026

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PETROAN orders nationwide inspection of fuel pumps

Business

NIMC denies NIN, personal data exposure reports

Business

MAN urges FG to cut Nigeria’s dependence on foreign

Business

Naira may face depreciation pressure after CBN rate cut

Business

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featured News

Ghana halts payment on Eurobond, others

Ghana has declared a halt to debt service payments on its commercial loans, Eurobond loans, and bilateral debts. This was confirmed by the Ghanaian ministry of finance in a press release posted on its website. In order to allow for an orderly restructuring of the impacted liabilities, the government declared that it will stop making […]

Business

Tailors decry lack of patronage as price of materials soar

The high cost of materials have affected the price of sewing, the ripple effect being that tailors now experience low patronage, as many customers can’t afford the price hike.   Many tailors have reportedly abandoned the trade as a result, with the few sticking to it now doing direct marketing.   A yard of cotton […]

Naira redesign: CBN has my approval, Buhari clarifies
Agribusiness featured

Agricultural revolution created 13m jobs – Buhari

The President, Major General Muhammadu Buhari (ret.d), has stated that over 13 million direct and indirect employment have been created in Nigeria in the past seven and a half years, thanks to Nigeria’s agricultural revolution. The President revealed this in Washington DC, USA, at an interactive session titled “A chat with President Muhammadu Buhari of […]

Banking

Withdrawal limit: PoS agents not endangered by new policy, says CBN

The Central Bank of Nigeria has debunked claims that its new policy limiting cash withdrawals is targeted at point-of-sales agents.   Recall, that the apex bank, earlier in December, announced that it was planning to set weekly withdrawal limit at N100,000 for individual and N500,000 for organisations.   The CBN’s Director of Banking Supervision, Mustafa […]

Life Style

PWD: Merchant Bank donate gifts worth millions to Lagos school

NOVA Merchant Bank, on Thursday, visited the Pacelli School in Surulere, Lagos, for the Blind and Partially Sighted, donating valuable goods and materials worth millions of naira, in commemoration of the International Day of Persons with Disabilities.   Nairametrics reported that the Executive Director, Funke Okoya, NOVA presented gifts and other supports to the students, […]

Aviation featured

Arik Air to resume flight in Asaba, Ilorin, others

Arik Air will restart service to the capital cities of Asaba, Ilorin Kwara, and Delta states respectively on December 20, 2022. According to a press statement from Arik Air spokesman Banji Ola, flights to Ilorin would operate four times weekly from the Nnamdi Azikiwe International Airport in Abuja and flights to Asaba will do the […]

News

Banks run out of new naira, demand increases

  About 24 hours after the new naira notes officially entered circulation, reports revealed that banks have run out of the newly-printed denominations leading to increased demand. The shortage of the newly released naira notes stemmed from the limited amounts given to banks by the Central Bank of Nigeria. The newly redesigned N1,000, N500 and […]

Banking

VIDEO: Nigerian banks dispense new naira notes

Commercial banks have started dispensing the newly redesigned naira notes to over-the-counter customers.   Channels Television, on Thursday, reported that some banks in major cities across the country have begun dispensing the new notes to customers over the counter. The Governor of the Central Bank of Nigeria, Godwin Emefiele, had on October 26, said the […]

Nigeria’s inflation hits 24.23% in March, deepens cost-of-living crisis
Economy

Nigeria’s inflation hit 21.47% in November

Nigeria’s inflation rate rose to an all-time high of 21.47% in November, coming from 21.09% in October.   The latest inflation report by the National Bureau of Statistics revealed this rise represents the 10th consecutively monthly increase since the start of the year.   The report also revealed that Nigeria’s inflation rate has now risen […]

featured

How Nigeria lost N16.25tn crude in 12 years – NEITI

Nigeria Extractive Industries Transparency Initiative, has revealed that the country lost 619.7 million barrels of crude oil worth $46.16 billion or N16.25 trillion in 12 years, from 2009 to 2020. It made this disclosure in a statement released on Thursday night by its head of communications and advocacy, Obiageli Onuorah. The Federal Government’s decision to […]

CBN fines banks N1m daily over refusal of new naira
featured

How new CBN withdrawal policy’ll affect SMEs – Expert

Financial experts have said that the Central Bank of Nigeria’s recently imposed withdrawal cap will have more impact on small and medium enterprises. Small company owners in Nigeria worry that the policy will make running their operations more expensive. The maximum weekly cash withdrawal over the counter for business organizations and individuals is now limited […]

Business featured

2023: TotalEnergies targets N85b revenue in Q1

TotalEnergies Marketing Nigeria Plc is aiming to generate N85.97 billion in revenue for the first quarter of 2023. This was stated in its Q1 2023 earnings projection, which was made public via the Nigerian Exchange and viewed by Nairametrics. Further information on the forecasts, notes that the corporation anticipates making a gross profit of N14.99 […]

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