Category: News

Aviation fuels will triple to 1.9bn liters in 2024 – IATA

The International Air Transport Association has said that the production of Sustainable Aviation Fuels is...

Workers withdrawal from pension contributions rise 87.6% in Q1 2024

The number of workers who made withdrawals from their voluntary contributions under their pension savings...

Nigeria’s credit penetration hits 14% – CRC

Credit penetration in Nigeria has increased to 14%, owing largely to the work of CRC...

NOSDRA, Aiteo probe fresh Bayelsa oil spill

Aiteo Eastern Exploration and Production Company, which operates the NNPC/Aiteo Joint Venture on OML 29,...

Carbon shuts down debit card operations in Nigeria

Nigerian fintech company Carbon has announced the termination of its debit card operations in Nigeria,...

Price of of cooking gas rose by 13.75% in May 2024

The average retail price of a 5kg cylinder of Liquefied Petroleum Gas (cooking gas) increased...

Binance exec Gambaryan seeks compensation for detention in Nigeria

A senior executive at Binance, Tigran Gambaryan, has petitioned the Federal High Court in Abuja...

Ramaphosa pledges to strengthen trade partnership with Nigeria

South African President Cyril Ramaphosa has reaffirmed his commitment to maintaining a strategic partnership with...

Customs revenue rises by 74%, hits N4.5tn in one-year

The Nigeria Customs Service stated on Wednesday that its revenue climbed 74% to N4.49 trillion...

Nigeria, UK’s trade dips by 25% in Q1 2024

Nigeria’s total trade with the United Kingdom fell by 25% in the first quarter of...

Nigeria seeks extension on World Bank’s $800m loan deadline

Nigeria has requested an 18-month extension on the closing date of the World Bank’s $800...

Illicit trade, a barrier to economic growth – WTO

The World Trade Organisation has said that illicit trade damages societies and hinders economic growth...