Fuel subsidy: Nationwide shutdown looms as inflation bites harder
Since President Bola Tinubu announced the abolition of the fuel subsidy regime on Monday, May 29, 2023, the country has been in a state...
Naira stable at official market window
Naira recorded no movement against the United States dollar on the official market to trade at N464.67 per $1 local on Friday.
This is the...
NNPC supports Tinubu on Fuel Subsidy Removal
The Nigerian National Petroleum Company Limited (NNPCL) has welcomed the pronouncement of President Bola Tinubu on the removal of fuel subsidy.
The President, in his...
Banks can now issue NIN cards to Nigerians — Minister
The federal government says Nigerians can now request their commercial banks to issue them with a debit card which doubles as their National Identity...
CBN gives reason for raising interest rate to 18.5 per cent
The Central Bank of Nigeria (CBN) has opened up on why it raised the Monetary Policy Rate, also known as the interest rate, to...
UPDATED: CBN revokes licences of 132 Microfinance banks, others (Full List)
The Central Bank of Nigeria has revoked the operating licences of 132 microfinance banks, four primary mortgage banks, and three finance companies in the country.
The revocation...
21 Facts About Dangote Refinery Commissioned Today
The completion of the Dangote Refinery in Lagos State is a groundbreaking event, one that brings great pride to Nigeria, with great prospects of...
Our refinery will supply first product to market by July — Dangote
The President of Dangote Group, Aliko Dangote, said Monday that the first refined petroleum products from the 650,000 barrels per day Dangote Refinery would...
Otedola hails Dangote as Buhari commissions refinery in Lagos
Nigerian billionaire businessman, Femi Otedola, on Sunday hailed Africa’s richest man Aliko Dangote ahead of the commissioning of the Dangote Refinery in Lagos.
Mr Otedola said history...
Court grants Seun Kuti ‘suspended’ bail
A magistrate court in Yaba has remanded Afrobeat star, Seun Kuti, in police custody for 48 hours for allegedly assaulting a police officer.
The court also granted...
