BUSINESS
CBN Raises Interest Rate To 27.65%
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has increased the benchmark lending rate to 27.65 percent. The hike in the Monetary...
Nigeria’s Per Capita Budget One Of The Smallest Globally — Presidential Aide
The Special Adviser to the President on Economic Matters, office of the Vice President, Dr. Tope Fasua has said Nigeria's annual budget is one...
Libya Denies Discussions With Dangote Refinery On Supply Of Crude Oil
Libya’s National Oil Corporation has denied that it was in talks to supply crude oil to any refinery in Nigeria, including the Dangote refinery. This...
FG Sets Up Centres For Nigerians To Buy Rice ₦40,000 — Minister
The Federal Government has called for calm on the proposed nationwide protest, saying it had created centres across the country where Nigerians can purchase...
Coca-Cola Indicted On Product Description – FCCPC
FCCPC accuses Coca-Cola and Nigerian Bottling Company for alleged misleading trade descriptions, ‘Original Taste, less Sugar’ in their product. Nigeria’s Federal Competition and Consumer...
Cabals In Nigeria Frustrating Dangote Refinery – Ex-President Obasanjo
Former president, Olusegun Obasanjo has said cabals in Nigeria’s oil and gas sector will continue to frustrate the $20 billion Dangote Refinery because it...
CBN Auctions $876m To 26 Banks, Disqualifies Six
The Central Bank of Nigeria (CBN) has successfully auctioned $876.26 million to 26 deposit money banks (DMBs) in the latest Retail Dutch Auction System (RDAS) held...
Find Out Why Our Refineries Are Not Working, Joe Igbokwe Tells Tinubu
Joe Igbokwe, a leader of the All Progressives Congress (APC), has requested President Bola Tinubu to investigate why Nigeria’s refineries are not operating. Igbokwe questioned...
El-Gato Delegation Participates in 2024 SPE-NAICE Conference in Lagos
El-Gato Global Limited, a leading player in the oil and gas industry, is currently participating in the 2024 Society of Petroleum Engineers (SPE) National...
Nigeria Spending $600m Monthly On Fuel Importation
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has disclosed that the country currently spends $600 million monthly on fuel...
