Category: featured

NNPCL launches new crude grade, ships 1.9m/b in October

The Nigerian National Petroleum Company Limited announced on Tuesday that it has introduced a new...

Naira falls to N1,030/$ as speculators react

The naira lost the momentum it had gained last week and plunged against the dollar...

Subsidy: FG owes NNPCL N4.207trn, says spokesman

    The Federal government has accumulated a debt of N4.207 trillion to the Nigerian...

Why Elon Musk lost $35bn in October – Report

The world’s richest man, Elon Musk, witnessed a dramatic decline in wealth in October as...

New Zealand halts 90-day work visa trial periods

The New Zealand immigration office has stated that companies hiring people with an Accredited Employer Work...

Dangote deny illegal FX dealings, money laundering allegations

    Dangote Industries Limited’s management has denied allegations of involvement in illicit foreign exchange...

Oil revenue drops by 36% in May, says CBN

  In May 2023, the Federal Government’s oil revenue target saw a significant drop from...

CBN clears forex backlogs – Report

            Reports have indicated that the central bank has “cleared”...

Tinubu writes Senate, seeks $7.8bn, €100m loans approval

President Bola Tinubu on Wednesday sought the approval of lawmakers at the Red Chamber for...

Defense, works top Tinubu’s 2023 supplementary budget proposal

President Bola Tinubu gave top priority to safeguarding Nigerians and their belongings in his N2.176tn...

CBN debunks naira redenomination plans

The Central Bank of Nigeria on Tuesday, refuted claims that it has plan to redenominate...

New FX rules’ll help Naira regain value, says Oyedele

  By Wilson Adekumola     Chairman, the Presidential Committee on Fiscal Policy and Tax...