A total sum of N1,143.210 billion May 2024 Federation Accounts Revenue has been shared to the Federal Government, States and Local Government Councils in the country....
The African Development Bank (AfDB) has committed to delivering electricity to 300 million people by 2030, as announced by AfDB President Akinwumi Adesina during the 10th...
The International Monetary Fund (IMF) has projected Nigeria’s economy will rise to at least $1.85 trillion in purchasing power parity terms by 2029. PPP is a...
The newly appointed Group Managing Director of Zenith Bank Plc, Dr. Adaora Umeoji, assumed duty at the bank’s head office in Lagos on Monday. The company...
The International Air Transport Association has confirmed that the Central Bank of Nigeria has cleared foreign airlines trapped funds worth $831m from June last year to...
Aliko Dangote, the owner of the $20 billion Dangote Refinery, has blamed beneficiaries of fuel importation in other African countries for the absence of new refineries...
Investors in Fidelity Bank Plc earned about 406 per cent in capital gains over the past five years, ranking above other major return benchmarks at the...
The Nigerian National Petroleum Corporation Limited (NNPCL) has announced its plans to commence oil and gas exploration in Ogun State. The announcement was made following a...
WHEN we look at this month, USD was traded at ₦ at the beginning of this May on Wednesday, May 1, 2024. As at today with...
Shell Petroleum Development of Nigeria Limited and Shell Nigeria Exploration and Production Company Limited remitted $142.5m to the Niger Delta Development Commission in 2023. A statement...
Foreign exchange turnover increased by 81.59 per cent to $328 million as the Naira maintained its N1339.33 per dollar appreciation mark against the Dollar at the...
The Nigerian National Petroleum Company Limited has discovered 122 illegal oil refining in the last seven days in the Niger Delta region. According to a documentary...
The Minister of Marine and Blue Economy, Gboyega Oyetola, has said that his ministry recorded a revenue of N242 billion in the first quarter (Q1) of...
International Breweries announces products price hike International Breweries Plc said it has increased prices of its various product offerings in Nigeria. The brewer said in a...
The exchange rate between the Naira and the Dollar at the official window saw a significant appreciation of 10.71% on Monday, closing the day at N1,339.33/$1. ...
By Kayode Sanni-Arewa. Former President Olusegun Obasanjo says President Bola Tinubu’s policies on fuel subsidy removal and exchange rates have adversely affected the Nigerian economy....
A popular cryptocurrency exchange, has reportedly blocked or banned Nigerian users from its platform. This decision has been met with controversy and outrage from affected users....
The National Bureau of Statistics (NBS) has released its “Cooking Gas Price Watch” for April 2024, indicating a slight decrease in the price of 5kg cooking...
By Kayode Sanni-Arewa Dollar to naira exchange rate today black market (Aboki dollar rate): The exchange rate for a dollar to naira at Lagos Parallel Market...
The Naira depreciated against the Dollar for the first time since Thursday last week at the foreign exchange market amid the Central Bank of Nigeria issuance...
