Nigeria Set to Exit FATF Grey List with New Investments and Securities Act
Nigeria is now optimistic about soon being removed from the Financial Action Task Force (FATF) grey list, a significant milestone
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Business
NIMC Warns Nigerians Against Selling Their NIN for Money
The National Identity Management Commission (NIMC) has warned Nigerians not to sell or share their National Identification Numbers (NIN) with
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Dangote Refinery Reduces Petrol Price to N865 per Litre
The Dangote refinery has announced a price reduction for petrol, bringing the ex-gantry cost down to N865 per litre. This
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CBN Injects $197.7m to Stabilize Naira Amid Global Economic Shifts
The Central Bank of Nigeria (CBN) has intervened in the foreign exchange (FX) market by injecting $197.7 million to stabilize
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Ecobank’s Oja Oge to Feature Over 100 Exhibitors in Fashion, Beauty, and Lifestyle
Ecobank Nigeria has announced the second edition of its highly anticipated pop-up marketplace, ‘Oja Oge,’ which will feature over 100
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CBN Denies Report on New N5,000 and N10,000 Banknotes
The Central Bank of Nigeria (CBN) has refuted a circulating report claiming the introduction of new N5,000 and N10,000 banknotes.
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MTN Nigeria Set to Release Audited Report After Board Meeting
MTN Nigeria Plc is set to release its audited financial results for 2024 following a key meeting of its board
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PETROAN Confirms Dangote Refinery Still Selling Fuel in Naira
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has confirmed that Dangote Refinery has not begun selling petroleum
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MTN and Airtel Join Forces to Cut Costs and Expand Network Coverage
MTN Group and Airtel Africa have signed a major network-sharing agreement in Nigeria and Uganda, aiming to reduce operational costs
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Benin and Togo Owe Nigeria $8.8 Million in Electricity Debt
The Federal Government has revealed that Benin Republic and Togo owe Nigeria $8.84 million for electricity supplied in the fourth
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Naira for Crude Suspension Raises Fuel Price Concerns as FG and Dangote Restart Talks
The suspension of naira sales for crude oil by the Dangote Petroleum Refinery has caused panic in Nigeria’s fuel
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Naira Weakens to 1536/$ Despite CBN Efforts to Stabilize Market
The Nigerian naira continued its downward trend at the official market last week, depreciating by 1.25% to close at 1536.89/$
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65.5% of Nigerians Want Lower Lending Rates – CBN Survey
A new Household Expectations Survey by the Central Bank of Nigeria (CBN) has revealed that 65.5% of Nigerians believe reducing
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Unity Bank Appoints Ebenezer Kolawole as Acting MD/CEO
Unity Bank has appointed Ebenezer Kolawole as its acting Managing Director/Chief Executive Officer following the retirement of Tomi Somefun, who
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Naira Gains Strength as Dollar Demand Eases in Black Market
The naira showed signs of recovery on Monday, appreciating by 0.95% against the dollar as demand for foreign currency eased
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Dangote Refinery’s Polypropylene Production Set to Reshape Market
The Dangote Oil Refinery has officially commenced polypropylene production at its Lagos facility, marking a significant milestone in the refinery’s
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Finance Minister and NNPCL Review Naira-for-Crude Policy
The Technical Sub-Committee on the Naira-for-Crude Policy convened on Thursday at the Ministry of Finance Headquarters in Abuja to assess
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Kaduna Government Distributes 7,000 Motorcycles to Civil Servants
The Kaduna State Government has distributed 7,000 motorcycles, including 4,000 electric bikes, to civil servants as part of an initiative
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FCMB Trains Over 44,000 Entrepreneurs for Business Growth and Success
First City Monument Bank (FCMB) has empowered 44,278 entrepreneurs with essential business skills to help them scale and sustain their
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House of Reps Suspends CBN’s New ATM Withdrawal Charges
The House of Representatives has put a stop to the Central Bank of Nigeria’s (CBN) new policy on increased ATM
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