Shell resumes talks to sell oil assets in Nigeria
By Christian George The oil giant in Nigeria, Shell Plc, is reportedly negotiating the sale of some of its oilfields in…
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FCCPC deletes all approved loan apps
The list of all approved loan applications, also known as Digital Money Lenders, has been removed by the Federal Competition and Consumer…
Global petrol price increases by 20%
The price of petrol may climb further as international market statistics revealed that the commodity had gained 20%. According to The Punch.…
Tinubu assigns special investigator to probe CBN
The Financial Reporting Council of Nigeria’s Chief Executive Officer, Jim Obazee, has been appointed by President Bola Tinubu as a special investigator…
Seplat Energy announces interim dividend payment to shareholders
The interim dividend for the half-year ending June 30, 2023, will be paid to shareholders of Seplat Energy Plc at the rate of US3…
Banks provide $533.48m for foreign education
The Central Bank of Nigeria has received $533.48 million from banks to be used towards international education. The Punch reported that the sum…
Shell warns against oil theft, sabotage
The Shell Petroleum Development Company of Nigeria Ltd. has issued a warning against sabotage and crude oil theft. The warning came as…
Marketers predict fuel hike as crude hits $84/barrel
Brent, the international benchmark for crude oil, hit a high of $84 a barrel on Wednesday, fueling concern that Nigeria’s pump price…
Crude oil hits $84 per barrel – Report
Brent, the international benchmark for crude oil, hit a high of $84 a barrel on Wednesday, fueling concern that Nigeria’s pump price…
CBN lifts ban on Bamboo, Nairabet, AbokiFX, others
The Central Bank of Nigeria has instructed banks to remove the post-no-debit restriction on the bank accounts of 440 individuals and companies,…
Gradual removal of old naira notes continues – CBN
The Central Bank of Nigeria has reiterated its dedication to gradually discontinuing the old N200, N500, and N1,000 notes…
CBN increases interest rate to 18.75%
The Central Bank of Nigeria’s Monetary Policy Committee has voted to raise the benchmark interest rate by 25 basis points…