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Business News; Tracks, records, analyzes, and interprets the businesseconomic and financial activities, and changes that take place in societies.

NNPCL Reduces Petrol Ex-Depot Price, Sparks Optimism For Economic Relief

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NNPCL Reduces Petrol Ex-Depot Price, Sparks Optimism For Economic Relief

The Nigerian National Petroleum Company Limited (NNPCL) has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol,...

CBN Revokes Heritage Bank License

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CBN Revokes Heritage Bank License

The Central Bank of Nigeria (CBN) has revoked the license of Heritage Bank Plc with immediate effect.  The CBN said the action became necessary due...

Sokoto Lawmaker Rolls Out Animal Feed As Constituency Empowerment Material

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A member of the Sokoto State House of Assembly, Honourable Buhari Haliru (PDP-Sokoto North I), on Thursday empowered no fewer than 200 constituents with...

Abia Govt Takes Back Abia Hotels Umuahia After 12 Years of Failed Agreement

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Abia Govt Takes Back Abia Hotels Umuahia After 12 Years of Failed Agreement

The Abia State Government has officially revoked the Certificate of Occupancy of Abia Hotels, Umuahia, and taken back full possession of the property following...

Global Finance 2020: Zenith Bank Emerges Best Bank In Nigeria

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Zenith Bank Plc has emerged as the Best Bank in Nigeria in the recently released Global Finance Magazine World’s Best Banks Awards 2020. The awards,...

CBN Increases Interest Rate To 16.5%

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CBN Raises ITMO Application Fee To N10m, Restricts Banks, Fintechs From Providing Services

The Monetary Policy Committee of the Central Bank of Nigeria voted Tuesday to increase the benchmark interest rate by 100 basis points to 16.5...

VIDEO: Ohafia Traditional Rulers Council Unveils Economic Development Masterplan

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VIDEO: Ohafia Traditional Rulers Council Unveils Economic Development Masterplan

In a groundbreaking move, the Ohafia Traditional Rulers Council (Nde Eze Ohafia) has launched a comprehensive economic development package aimed at transforming Ohafia Local...

AIICO, others get PenCom approval for govt contracts

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The National Pension Commission (PenCom) has granted a certificate of compliance to AIICO Insurance Plc and other 190 firms to seek Federal Government contracts this...

Nigerians Should Accept Increase In Fuel Price – Minister

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The Federal Government has insisted that Nigerians should brace up for an increment in the pump price of petrol, in the light of the...

Yahaya Bello Lauds Buhari For Recognising Kogi As Oil Producing State

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Gov. Yahaya Bello of Kogi has expressed the state government’s appreciation to President Muhammadu Buhari recognizing it as one of the Oil-producing states. This is...

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