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Business and Economy
Finance Ministry Recovers N57 Billion in MDAs’ Debts – Director
The Federal Ministry of Finance has successfully retrieved over N57 billion from the N5.2 trillion debts owed by various ministries, departments, and agencies (MDAs)...
Breaking News: CBN Restarts Forex Sale to BDCs at N1,021/$
The Central Bank of Nigeria has reinstated the sale of foreign exchange to Bureau De Change (BDC) operators, marking a significant development in the...
JUST IN: Again, Dangote slashes diesel, aviation fuel prices to N940, N980
Dangote Petroleum Refinery has once again lowered the prices of diesel and aviation fuel, setting them at N940 and N980 per litre, respectively, effective...
Naira Dips to N1,234/$ at Official Market, Speculators Resume Hoarding
The value of the naira against the United States dollar depreciated to N1,234 at the official foreign exchange market on Monday, based on data...
Nigeria Secures $2.25bn World Bank Loan, Considers Diaspora Bond
The Minister of Finance, Wale Edun, announced that the federal government has qualified for a $2.25 billion loan from the World Bank, characterized by...
Gov Ododo Directs Immediate Payment Of Bursary, Subvention To Students in Kogi
By Noah Ocheni, LokojaKogi state governor, Ahmed Usman, Ododo has ordered the immediate payment of bursary to all students of Kogi state origin...
FG Anticipates $4 Billion Annual Revenue from Crude Oil & Gas Trading
The Federal Government is poised to secure $4 billion in annual revenue by trading approximately 50 million barrels of crude oil on Nigeria's commodities...
Bayelsa Calls for Strengthened Collaboration with NNPC/SNEPCo
The Bayelsa State government is seeking to enhance its partnership with the Nigerian National Petroleum Company Limited and Shell Nigeria Exploration and Production Company...
IMF Predicts Nigeria’s Economy to Drop to Fourth Largest in Africa
According to the International Monetary Fund's forecasts, Nigeria's economy, which held the position of Africa's largest in 2022, is projected to fall to fourth...
Oil Minister, Defence Partner To Curb Crude Oil Theft, Vandalism
Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, and Chief of Defense Staff (CDS), Gen Christopher Musa, met to enhance collaboration in combating...
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