The Central Bank of Nigeria has directed banks to vacate a post-no-debit restriction placed on the bank accounts of 440 individuals and companies. A post-no-debit means...
There are strong indications the Federal Government may consider the request by power distribution companies for a review of their tariff, as the government spending on...
President Bola Tinubu emerged as the Chairman of the Authority of Heads of State and Government of the Economic Community of West African States. Tinubu was...
Oil marketers have projected that the pump price of petrol could rise above N700 per litre in Northern Nigeria starting from July. The National Controller Operations,...
Nigeria’s decision to eliminate fuel subsidies has had a significant impact, resulting in the collapse of a thriving black market in West African nations. This informal...
E-hailing platform, Uber Nigeria has announced an increase in fares to help drivers cover the recent increase in fuel costs and inflation rate. Uber, in a...
The Nigerian National Petroleum Company has confirmed that once the Dangote Refinery starts pumping out refined petroleum products from late July or early August, the NNPCL...
Governor of the Central Bank of Nigeria, Godwin Emefiele has revealed that the Dangote Group has remitted 70 percent of the loans it obtained from the...
As the Dangote Refinery begins operations tomorrow (Monday), oil marketers have expressed optimism that the facility will help reduce the cost of petrol, if the government...
The Executive Director, Risk Management and Finance of the United Bank for Africa, Ugochukwu Nwaghodoh, has purchased two million units of the bank’s shares. This was...