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Business and Economy
Oil revenue stagnates at N4trn – Reports
Nigeria’s oil revenue stagnated at N4 trillion in ten months ending October 2021, undermined by increased incidences of pipeline vandalism, oil theft, and...
Police arrest three for vandalising telecoms mast in Ogun
By Sunday DanielThe Ogun State Police Command has arrested three men for allegedly vandalising and stealing from the mast of a telecommunications...
SERAP Sues Buhari, Others Over ‘Missing N3.1bn In Finance Ministry’
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Muhammadu Buhari.The suit is in connection with “his failure to probe...
Dangote Cement Company Presents N10 Million Scholarship to Students in Benue
By Isaac KertyoDangote Cement Company Plc located in Gboko Local Government Area of Benue State has presented the sum of Ten Million Scholarship...
FIRS Generates Record N6.4trn Revenue In 2021
The Federal Inland Revenue Service (FIRS) has generated a record N6.4 trillion as revenue in 2021, the highest in its history.This year’s revenue collection...
CBN retains lending rate at 11.5%
The Central Bank of Nigeria has retained the Monetary Policy Rate at 11.5 per cent.The CBN Governor, Godwin Emefiele, disclosed this during a briefing...
FG Postpones Fuel Subsidy Removal till Further Notice
The Minister of Finance, Budget and Economic Planning, Hajia Zainab Ahmed, said in Abuja on Monday that the Federal Government had postponed the planned...
Dangote refinery to begin production in third quarter of 2022
Aliko Dangote, chairman of Dangote Group and Africa’s richest person, says the refinery will begin processing crude by the third quarter of 2022.According to...
Dangote’s wealth increases by 748billion naira in three weeks, now richer than over 11 African countries combined
Aliko Dangote recorded a surge of 1.3billion dollars (748billion naira) in his fortune in the last three weeks, in a period that was a...
CBN opens N500k grant for graduates, undergraduates
The Central Bank of Nigeria has established grants for graduates and students in order to reduce the level of unemployment among youths in the...
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