CATEGORY
Business and Economy
NNPC Ends Exclusive Petrol Purchase Agreement with Dangote Refinery
The Nigerian National Petroleum Company Limited (NNPC) is ending its exclusive purchase agreement with Dangote Refinery. As a result, this change allows other marketers...
“CBN Acknowledges Pain of 27.25% Interest Rate Increase for Borrowers”
By Milcah Tanimu
The Central Bank of Nigeria (CBN) admitted on Monday that raising the interest rate to 27.25% is "painful" for borrowers. Despite this,...
Nigerian Billionaire Wisdom Kwati Plans $5 Billion Investment in Sierra Leone’s Real Estate and Aviation Sectors
Nigerian billionaire and CEO of Wisdom Kwati Group, Wisdom Kwati, has announced a $5 billion investment plan targeting Sierra Leone’s real estate and aviation...
Nigerian Government Plans to Create One Million Jobs
By Milcah Tanimu
The Federal Government of Nigeria aims to create one million jobs to combat youth unemployment in all 774 local government areas. Minister...
CBN Launches Electronic Matching System for FX Transactions
By Milcah Tanimu
The Central Bank of Nigeria (CBN) will implement an Electronic Foreign Exchange Matching System (EFEMS) for FX transactions starting December 1, 2024....
Budget Minister Links Insecurity to Nigeria’s Economic Challenges
By Milcah Tanimu
The Minister of Budget and Economic Planning, Sen. Abubakar Bagudu, has stated that Nigeria's insecurity challenges are closely tied to its economic...
Uncertainty Surrounds Nigeria’s Naira-for-Crude Policy Launch
Uncertainty surrounds Nigeria's Naira-for-Crude Policy, which was set to start on October 1, 2024. However, as of that date, the federal government had not...
FG stops VAT on diesel, cooking gas
The Federal Government has introduced new tax relief measures to boost investments in Nigeria's oil and gas sector, particularly in deep offshore production. Among...
Number of Registered PoS Terminals Hits 26.54 Million as Operators Slash Charges
By Milcah Tanimu
Nigeria has witnessed a significant increase in the number of registered Point-of-Sale (PoS) terminals, which has now reached 26.54 million in just...
FCCPC and NBC Differ on Pay-Per-View for GOtv, DStv
By Milcah Tanimu
The Federal Competition and Consumer Protection Commission (FCCPC) and the National Broadcasting Commission (NBC) have submitted conflicting positions to the Federal High...
Latest news
- Advertisement -