Category: News

Abia partners FG for airport, road construction

Governor Alex Otti of Abia State has officially confirmed the state’s collaboration with the Federal...

Nigeria seeks investors to replace aging satellite 

Alex Omenye The Nigerian Communications Satellite Limited has initiated plans to replace the country’s aging...

Miners warn FG’s rate hike could drive them out of business

The Miners Association of Nigeria has strongly criticized the federal government’s recent increase in mining...

Nigeria’s inflation surges to 34.19% in June 2024 – NBS

The National Bureau of Statistics has announced in its latest report that Nigeria’s inflation rate...

NDDC recommends 3% VAT revenue for Niger Delta funding

The Niger Delta Development Commission is proposing a new legislation that will allocate 3% of...

NGX post Wema Bank’s right issue of 8.572 billion shares on its platform  

The Nigerian Exchange Limited has acknowledged Wema Bank Plc’s Rights Issue of 8.572 billion ordinary...

Dangote refinery: Why we reduced our stake to 7.2%, NNPCL reveals

The Nigerian National Petroleum Company Limited has explained why it has only a 7.2% stake...

Banks’ loans to private sector reach N375tn – CBN

The Central Bank of Nigeria reported that Nigerian banks’ loans and support for the private...

Why CBN snubbed BDC operators in $123m FX sale

Bureau De Change Operators were excluded from the Central Bank of Nigeria’s latest batch of...

NNCPL no longer owns 20% of Dangote refinery – Dangote

The Chief Executive Officer of Dangote Refinery, Aliko Dangote, revealed in a recent media briefing...

Minister defends P’Harcourt refinery takeoff delay amid licensing

The Port Harcourt Refining Company is now going through numerous licensing processes following the supply...

Lagos cracks down on fake building materials testing agents

In a bid to bolster building safety standards, the Lagos State Government has unveiled stringent...