BUSINESS
Nigeria Gets 60% Share Of Aferimbank’s $30bn Oil, Gas Funding
The African Export-Import Bank on Wednesday, disclosed that it has become the largest financier of oil and gas projects in Africa. The bank disclosed investing...
Nigeria’s External Reserves Increases To $46bn
The Governor of the Central Bank of Nigeria (CBN), Mr. Yemi Cardoso yesterday said that the nation’s external reserves has risen to $46.7 billion,...
CBN Sacks Directors Of First Bank Holdings And First Bank Plc
The Central Bank of Nigeria (CBN) has just removed all the directors of First Bank of Nigeria Plc and those of First Bank Holding...
Lagos Assembly Passes N2.267tn 2024 Budget Into Law
The Lagos State House of Assembly has passed the N2.267 trillion budget for 2024 presented by Governor Babajide Sanwo-Olu last year. The budget, comprising 58...
”Nigeria’s Growth Retained at 3.6%” – World Bank
The World Bank has predicted that Nigeria's economy is expected to grow by 3.6% in 2025, despite changes in the dynamics of international trade. This...
NERC Directs Downward Review Of Tariff For Band A Electricity Customers
The Nigerian Electricity Regulatory Commission (NERC), has ordered the downward review of electricity tariff for Band A customers to N206.80 per kilowatt-hour from the...
Bitcoin Sets New Record Above $71,000
Bitcoin hit a fresh record above $71,000 on Monday as demand for the cryptocurrency picks up amid optimism that the Federal Reserve will cut...
FG Not Responsible For Latest Petrol Price Hike — Minister
The Minister of Information and National Orientation, Mohammed Idris has stated that the federal government is not responsible for the latest hike in petrol...
FG Promises To Deal With Economic Destabilizers
The Federal Government has vowed to go after individuals sabotaging the nation’s economy. The Minister of Information and National Orientation, Mohammed Idris, made this known...
MDAs Failed To Remit N1.2 Trillion – Fiscal Commission Says
The non-remittance of revenue by most ministries, departments and agencies of government to the Consolidated Revenue Funds of the Federal Government is currently N1.2tn,...
