Category: Business

CBN’s new diaspora remittance rules to open market

The Central Bank of Nigeria’s new reforms on diaspora remittances aim to break entrenched monopolies...

Middle East conflict threatens Nigeria’s economy – Cardoso

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has raised concerns over the...

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...