Category: featured

MPC to raise lending rate by 100bps – Report

There are signs that the Central Bank of Nigeria’s Monetary Policy Committee may raise its...

Stop developing new ports, ex-Shippers council boss tells FG

A former executive secretary and chief executive officer of the Nigerian Shippers Council, Hassan Bello, has counselled...

NNPCL to launch $2.8bn gas pipeline in December

The Nigerian National Petroleum Company Limited has stated that the $2.8 billion Ajaokuta-Kaduna-Kano gas pipeline project...

FG to partner private sector on CNG production

  By Wilson Adekumola Minister of Finance and Coordinating Minister of the Economy, Wale Edun,...

AfCFTA: Intra-Africa exports to surpass $1trn by 2035 – Standard Chartered

Intra-Africa exports are expected to exceed $1 trillion by 2035 following the adoption of the...

Dangote, MTN, others suffer N918.1bn loss on currency revaluation

      Eight companies have reported a total currency revaluation loss of N918.1 billion...

NNPCL boosts TotalEnergies’ oil production to 275,000 bpd

The Nigerian National Petroleum Company Limited has restored TotalEnergies’ daily oil production back up to 275,000...

Customs seize contraband worth N924m in three months

The Nigeria Customs Service, Western Marine Command, reported that from August to October, it seized various...

Seplat to pay naira dividends at N996.75/$ exchange rate

Seplat said that it will use an exchange rate of N996.75/US$ to calculate the amount...

Nigeria, Saudi sign MoU on energy cooperation

  Nigeria and Saudi Arabia inked a Memorandum of Understanding to enhance cooperation, information exchange,...

Why stocks may yield higher profits than cryptocurrencies – Stockholders

Stockholders in the capital market have said that the equities market can deliver greater returns for...

Old, new naira notes remain legal tender – CBN

  The Central Bank of Nigeria has directed all its branches across the country to...