Business

An economic think tank, Agora Policy, has demanded a review of the Petroleum Industry Act (PIA) following the decline in the dividend by the Nigerian National Petroleum Company (NNPC) Limited …

The Central Bank of Nigeria (CBN) on Monday admitted that the increase in the interest rate to 27.25% was “painful” for borrowers. The apex bank however stressed that the decision …

The National Bureau of Statistics (NBS) has revealed in a new report that residents of Ogun, Lagos, and Rivers States paid more for a balanced diet in August. In the …

Investors in the Nigerian equities market endured heavy losses on the floor of the Nigerian Exchange Group (NGX) last week. The investors lost N121.07 billion in four trading sessions last …

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, said at the weekend the apex bank introduced the Electronic Foreign Exchange Matching System (EFEMS) to show that the …

The Nigerian National Petroleum Company Limited may begin the supply of crude oil in naira to the Dangote Petroleum Refinery this week following the announcement by the Federal Government …

The Nigeria Customs Service has acquired a Cessna Grand Caravan EX-208B airplane to strengthen its air surveillance capabilities. In a statement on Sunday, the National Public Relations Officer of …

The Minister of Marine and Blue Economy, Adegboyega Oyetola, and the Ogun State Governor, Dapo Abiodun, will on Friday lead the foundation-laying ceremony for the Inland Dry Port in …

Nigeria’s debt servicing expenses reached N6.04tn in the first half of 2024, marking a sharp increase of 68.8 per cent from the N3.58tn recorded during the same period in …

The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, says Nigeria has less than 50 Compressed Natural Gas compression stations to feed 200 million …