BUSINESS
Fubara Signs ₦1.1trn Rivers 2025 Budget Into Law, Says Only One House Of Assembly Exists
Rivers State Governor, Siminalayi Fubara, has signed the ₦1.1 trillion 2025 Budget into law. Fubara, in a speech after signing the bill into law on...
World Bank Sanctions Two Nigerian Firms, CEO Over Corruption
The World Bank Group has imposed a 30-month debarment on two Nigerian companies, Viva Atlantic Limited and Technology House Limited, as well as their...
CBN Announces Fee Waiver For Bureau De Change License Renewal In 2025
The 2025 license renewal fee for all bureau de change (BDC) operators has been waived by the Central Bank of Nigeria (CBN). Jonah Onojah, the...
Nigeria’s Electronic Transactions Surge To N1.08qd In 2024, Up 79%
Nigeria's electronic transaction value hit a record high of N1.08 quadrillion in 2024, up 79 percent from the previous year. This is according to the...
Dangote Refinery Reduces Petrol Price To N890 Per Litre, Offers Relief To Nigerians
In a move expected to ease the financial burden on Nigerians, Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium...
FG Urged To Embrace Asset-Based Financing For Economic Growth
The Federal Government (FG) of Nigeria has been advised to switch from its current output-based financing model to an asset-based one in light of...
Naira Depreciates 1.4% Amid CBN’s FX Sales Deadline Extension
At the official market on Monday, the value of the naira dropped, trading at N1,495.60 to the US dollar. Data from the FMDQ Security Exchange...
MRS Oil Emerges As Nigeria’s Downstream Market Leader After Dangote Refinery Deal
A groundbreaking fuel supply and distribution deal between Dangote Refinery and MRS Oil Nigeria Plc has propelled MRS Oil to the top of Nigeria’s...
FG, EU Collaborate To Strengthen 1.3bn Euro Trade Deals
The Federal Government and the European Union (EU) have initiated high-level talks aimed at enhancing economic cooperation between the EU and Nigeria. A statement issued...
Sterling Bank Drops Charges On Online Transfers, Calls For Others To Follow
Sterling Bank has pushed for the elimination of bank transfer fees by major banks and declared that it will no longer keep any money...
