Category: Business

FG launches major reform to revamp Nigeria’s cooperative sector

The Federal Government has unveiled a comprehensive reform plan aimed at repositioning Nigeria’s cooperative sector,...

Tinubu expands CNG initiative to include electric vehicles

President Bola Tinubu has approved the expansion of the Presidential Initiative on Compressed Natural Gas...

Dangote refinery cuts ex-gantry petrol price to N1,200/litre

The Dangote Refinery has announced a reduction in its ex-gantry petrol price to N1,200 per...

NCC unveils TIRMS to tackle mobile number fraud

The Nigerian Communications Commission has introduced a new Telecoms Identity Risk Management System to combat...

Poultry farmers raise alarm over $900m China deal

Poultry farmers in Nigeria have raised concerns over the proposed $900 million poultry investment deal...

UK to hike visa, citizenship fees from April

The United Kingdom government will raise fees for numerous visas, residency applications, and citizenship processes...

FG approves partial settlement of N150bn contractors’ debt

The Federal Government has agreed to pay 35 percent of the N150 billion owed to...

Nigeria’s banks maintain strong liquidity despite CBN N2.36tn OMO withdrawal

Nigeria’s banking system liquidity remained above N8 trillion despite the Central Bank of Nigeria withdrawing...

NUPRC approves major offshore project targeting hydrocarbon development

The Nigerian Upstream Petroleum Regulatory Commission has granted Petroleum Exploration Licence 5 to SeaSeisGeophysical Limited,...

AfCFTA picks Nigeria to pioneer simplified trade framework

The Secretariat of the African Continental Free Trade Area has designated Nigeria as the pilot...

Global trade ministers gather in Cameroon to discuss WTO reform

Trade ministers from around the world are convening in Cameroon on Thursday to begin key...

CBN to review court ruling on Union Bank, confirms stability

The Central Bank of Nigeria announced that it will review the recent court ruling concerning...