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Federal Government Initiates Payment of N1.3 Trillion Gas Supply Debts with N130 Billion Allocation
In an effort to address the persistent liquidity crisis in the Nigerian Electricity Supply Industry (NESI), the federal government has commenced the payment of...
BREAKING: Court Denies Binance Executive Gambaryan Bail
A Federal High Court in Abuja has denied the bail application of Tigran Gambaryan, an executive at the cryptocurrency firm Binance Holdings Limited.In the...
NDFF Participants Advocate Efficient, Cost-effective Palliatives Delivery Framework
By Milcah TanimuAt the Nigeria Development and Finance Forum (NDFF) 2024 Conference held in Abuja on May 8-9, stakeholders and participants...
Dangote Refinery Seeks Two Million Barrels of US Oil – Report
Nigeria's newly constructed Dangote Refinery in Lagos is aiming to purchase millions of barrels of US crude oil over the next year as it...
CBN Raises Import Duty FX Amid Naira Depreciation
As the Naira continues its downward trend in the Nigerian Autonomous Foreign Exchange Market (NAFEM) against major currencies, particularly the US dollar, the Central...
NPA meets investors in China discusses next phase of Lekki Port’s development
By our correspondentMohammed Bello-Koko, managing director of the Nigerian Ports Authority (NPA) recently represented the Federal Government at the Board Meeting of the...
FT Lists Nigeria’s BHM Among Africa’s Fastest-Growing Companies
For the second consecutive year, BlackHouse Media (BHM), an independent communications consultancy in Nigeria, has been recognized by the Financial Times as one of...
CLO lampoons FG,marketers over “artificial” scarcity of fuel
By Ogenyi Ogenyi, UyoThe Civil Liberties Organisation, CLO, in Akwa Ibom has expressed disappointment over the inability of the Federal Government to control the...
Fitch Warns CBN Regulations Could Harm Economic Stability
Fitch Ratings has cautioned that the Central Bank of Nigeria's (CBN) new regulations could impede the banking sector's ability to support Nigeria's economic recovery....
Electricity Tariff Hike: Labour Unions Shut Down NERC, DisCos Nationwide
The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) launched a nationwide shutdown of electricity distribution companies (DisCos) and the Nigerian Electricity...
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