Economy

NNPCL Recorded 9,000 Pipeline Infractions In One Year – Kyari

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has said the firm recorded 9,000 infractions…

8 months ago

Aig-Imoukhuede Returns As Access Holdings Non-Executive Chairman

Following the death of its immediate-past Group Chief Executive Officer, Herbert Wigwe, Access Holdings Plc on Wednesday announced the return…

8 months ago

Dangote, BUA, Other Manufacturers To Appear Before Reps Over Hike In Cement Price

The House of Representatives has summoned Dangote, BUA, and other cement manufacturers in the country over what it described as…

8 months ago

Disco Staff Strike: Blackout Hits Northern States

Workers of the Kaduna Electricity Distribution Company have commenced an industrial action, plunging residents of Kaduna, Sokoto, Zamfara, and Kebbi…

8 months ago

Budgets Indicates 24 States Can’t Pay Salaries Without FG Allocation (See States)

Osun State is among the 11 out of the 36 state governments of the federation that can independently pay their…

8 months ago

Binance Ends Services In Nigerian Naira Amid Ongoing Regulatory Conflict

Binance is ceasing all operations involving Nigeria's fiat currency, the naira, due to an ongoing regulatory dispute within the country.…

9 months ago

Smuggling Causing Food Shortage In Nigeria – Agric Minister

The Minister of Agriculture and Food Security, Abubakar Kyari, on Tuesday, said one of the factors affecting food availability in…

9 months ago

Bank of Ghana Suspends Nigerian Bank’s FX Trading License Over Alleged Fraudulent Documentation

The foreign exchange (FX), trading licenses of the First Bank of Nigeria (FBN), have been suspended by the Bank of…

9 months ago

CBN Slashes FX Duty Rates Amid Continued Naira Appreciation At Forex Market

The Central Bank of Nigeria (CBN) has slashed the exchange rate used to calculate import duties. It was learnt that the rate…

9 months ago

Dollar vs Naira: CBN Takes Action, Revokes Licenses Of 4,173 BDCs

The licenses of 4,173 Bureaux de Change (BDC) operators have been revoked by the Central Bank of Nigeria (CBN). This…

9 months ago

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