The Central Bank of Nigeria has given an insight into a substantial foreign financial outflow by Nigerians in the first half of 2023. The figures indicate...
Shell, a prominent international oil company, has announced its decision to sell its Nigerian onshore subsidiary, Shell Petroleum Development Company of Nigeria Limited (SPDC), to Renaissance—a...
The Federal Inland Revenue Service (FIRS) is set to embark on an ambitious mission, targeting a 57% increase in tax revenue collection, aiming to reach N19.4...
In a concerning trend, Nigeria witnessed a surge in food inflation, reaching 33.93 per cent in December 2023, as reported by the National Bureau of Statistics...
Economic unease looms as new data from the National Bureau of Statistics reveals a sharp spike in the country’s inflation rate, hitting 28.9%. Unveiled in the...
With the successful commencement of production of refined petroleum products by the Dangote Petroleum Refinery (DPR), President, Dangote Group, Aliko Dangote has expressed appreciation to President...
Nigeria’s commercial landscape witnessed a historic moment as the Dangote Refinery, now recognized as the world’s largest single-train refinery, commenced production in the early hours of...
Osun State Governor, Senator Ademola Adeleke has unveiled the cocoa revival agenda of his administration, which he hopes would see the cash-crop become a major contributor...
Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Company (NNPC) Limited and CNL, has announced the appointment of Jim Swartz...
The Central Bank of Nigeria has suspended new loan applications within its development finance intervention funds program. Access Bank Plc confirmed this in a statement released...
