Why Elon Musk lost $35bn in October – Report
The world’s richest man, Elon Musk, witnessed a dramatic decline in wealth in October as he lost a whopping $35 billion, mostly as…
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Tinubu writes Senate, seeks $7.8bn, €100m loans approval
President Bola Tinubu on Wednesday sought the approval of lawmakers at the Red Chamber for another $7.8bn and another €100m. This is…
Defense, works top Tinubu’s 2023 supplementary budget proposal
President Bola Tinubu gave top priority to safeguarding Nigerians and their belongings in his N2.176tn 2023 supplemental budget plan, which was presented…
CBN debunks naira redenomination plans
The Central Bank of Nigeria on Tuesday, refuted claims that it has plan to redenominate or restructure the naira notes in 2024.…
NNPC debunks recruitment exercise
By Wilson Adekumola The Nigerian National Petroleum Company Limited has debunked reports going viral in recent weeks on social media claiming…
Tinubu approves presidential CNG initiative
President Bola Tinubu has approved the establishment of the Presidential Compressed Natural Gas Initiative in furtherance of his commitment to easing the…
CBN denies issuing new policy on Forex
By Wilson Adekumola The Central Bank of Nigeria has debunked reports going viral on social media and other platforms over new…
Nigeria’s inflation hits 24.08% – NBS
The National Bureau of Statistics has revealed that Nigeria’s inflation rate rose to 24.08 per cent in July 2023. This, according…
CBN considers new measures to stabilize naira
Kazeem Owoseni The Central Bank of Nigeria has expressed its readiness to take new measures, in stabilizing the naira against…
Tinubu’s tax committee to stop Customs, MDAs from revenue collection
The Presidential Committee on Tax Policy and Fiscal Reforms is mulling efforts to stop the Nigeria Customs Service and 62 other Ministries,…
PHOTOS: Tinubu receives World Bank delegation at Aso Villa
President Bola Ahmed Tinubu on Friday received a visit from a World Bank delegation at the Presidential Villa in Abuja. The…
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…