BUSINESS
Recapitalisation: 12 Insurance Firms In Tight Corner
•Regulator insists on the deadline •Some insurers consider scaling down As the July 31 deadline given to insurance companies to meet the recapitalisation requirement draws near, indications...
International Oil Companies Plotting Failure Of Our Refinery, Dangote Alleges
The Vice President, Oil and Gas, at Dangote Industries Limited, Devakumar Edwin, has accused International Oil Companies, IOCs, in Nigeria of doing everything to...
OPEC+ Postpones Policy Meeting To November 30
The ministerial meeting of the OPEC+ alliance earlier fixed for Saturday and Sunday, November 25 and 26, 2023, in Vienna has been postponed to...
Presidency Refutes Reports Of Finance Minister’s N105,000 Minimum Wage Proposal
The presidency on Thursday, June 6, dispelled rumours surrounding an alleged proposal by the minister of finance and coordinating minister of the economy, Wale...
President Buhari Unveils 1 Million Bags Of Rice Pyramids In Abuja (Pictures)
The Executive Governor of Jigawa state Alhaji Mohammed Badaru Abubakar joins President Muhammadu Buhari to unveil the FCT MEGA rice pyramids in Abuja. The One...
Nigeria Now Owing World Bank $660m — Data
The total debt owed to the World Bank Group by Nigeria rose by $660m in the first six months of 2022, the Punch has...
2023: North Determines Next President, Will Be Asked To Vote Atiku – Primate Ayodele
Primate Elijah Ayodele of the INRI Evangelical Spiritual Church has made another revelation regarding the 2023 presidential election. He stated that the Peoples Democratic Party,...
Beneficiaries To Get N50,000 As FG Reintroduces Tradermoni Next Month
The Federal Government will restart the Tradermoni scheme in November with each beneficiary getting N50,000 to support their business. While the interest-free loan scheme for...
CBN Places N1Million Limit On eNaira Single Transaction
Merchants are barred from exceeding N1 million a deal on eNaira transactions, the Central Bank guideline on the usage of the digital currency indicates. This...
Tax Revenue Jumps 30% To N28.3trn In 2025
The Nigerian Revenue Service (NRS) generated N28.3 trillion in tax revenue in 2025, representing a 30 per cent increase over the N21.7 trillion recorded...


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