Dangote Group, owners of Dangote Refinery, and the Nigerian National Petroleum Company Limited, NNPCL, have clashed over a $1 billion crude oil-backed loan. Recall that barely...
The federal government has made an allocation of N250 billion in the 2025 budget for the Lagos–Abuja mass transit rail project. This budgetary investment is part...
The National Bureau of Statistics (NBS) on Wednesday announced that its official website has been hacked. The bureau disclosed this on its X handle. The NBS...
UK inflation climbed to 2.6% in November, up from 2.3% in October, according to the Office for National Statistics (ONS). The rise matches market expectations and...
Defence and insecurity , infrastructure, health and education were some of the sectors with high allocations in the N47.9tn Budget Proposal presented by President Bola Tinubu...
The Corporate Affairs Commission (CAC) has deregistered over 300,000 dormant companies within a year to sanitise the nation’s corporate registration system. The Registrar General, Hussaini Ishaq...
Chancellor Olaf Scholz lost a confidence vote in the German parliament on Monday, putting the European Union’s most populous member and biggest economy on course to...
The Nigeria Security and Civil Defense Corps, NSCDC has discovered a residential premises used in storing illegally refined petroleum products in Rivers State. The illegal storage...
Nigerian singer, Kizz Daniel, has urged his compatriots to be grateful for being Nigerians despite the daunting challenges confronting the country. According to him, being Nigerian...
Political economist and founder of the Centre of Values in Leadership, Prof. Pat Utomi, has described agitations over the tax reform bills as misplaced, arguing that...
The Nigerian National Petroleum Company Limited, NNPCL, has reduced the price of Premium Motor Spirit (petrol) across its retail outlets in the Federal Capital Territory, Abuja....
The Central Bank of Nigeria has announced that it will slam a fine of N150m per branch on Deposit Money Banks found guilty of facilitating the...
WHEN we look at this month, USD was traded at ₦ at the beginning of this December on Monday, December 2, 2024. As at today with...
The Federation Accounts Allocation Committee has shared N1.727 trillion among the Federal Government, states, and local government areas for November. This is contained in a communiqué...
The Central Bank of Nigeria has reaffirmed the validity of the old N1000, N500, and N200 banknotes as legal tender, clarifying misinformation circulating about their status. In a statement...
The naira appreciated against the dollar in both the official and parallel foreign exchange markets on Thursday. According to data from the Central Bank of Nigeria,...
The Dangote Petroleum Refinery and Neptune Oil announced their first export of Premium Motor Spirit (petrol) to Cameroon, marking a significant step in regional energy integration...
Ukraine attacked Russian border regions with missiles and drones early Wednesday, sparking a fire at an oil depot and damaging an “industrial facility”, officials said. Two...
Nnamdi Anowi, general manager of production at Nigeria LNG (NLNG), says the company plans to replace all its steam-powered vessels with modern ships within the next...
Nigeria has reaffirmed its leadership in the global energy sector with the appointment of Mr Ademola Adeyemi-Bero, Nigeria’s Governor for the Organisation of the Petroleum Exporting...