Business
Gabon President, Brice Nguema Invites Aliko Dangote to Invest in Cement and Fertilizer Production
Gabon President, Brice Oligui Nguema has invited Aliko Dangote, President of Dangote Group, to invest in the country’s cement and fertilizer sectors. This invitation...
Miyetti Allah Cattle Breeders Hail President Tinubu’s Creation of Livestock Development Ministry
Miyetti Allah Cattle Breeders Association of Nigeria, MACBAN, has applauded President Bola Tinubu for creating the ministry of livestock development.
President of the Association, Alhaji...
NNPC Declares State of Emergency on Oil Production
Nigerian National Petroleum Company (NNPC) Limited has declared a State of Emergency on Oil and Gas Production in Nigeria.
Group Chief Executive Officer of the...
CBN Warns Banks, BDCs Against Rejection of Lower Dollar Bills
The Central Bank of Nigeria (CBN) has issued a warning to Deposit Money Banks (DMBs) and Authorised Forex Dealers, advising them against rejecting old...
CAC Urges Nigerian Creatives to Register Their Businesses
The Corporate Affairs Commission (CAC) has called on young Nigerian entrepreneurs to register their businesses on the commission’s platform to aid ease in operation
The...
Dollar Recovers Some Losses Post Weak Economic Report
The dollar strengthened on Tuesday following an overnight decline to its lowest level versus the euro, sterling, and Swiss franc since mid-March, indicating a...
Official Market Reports Naira Strengthening to 1,339.33/$
The naira appreciated to 1,339.33/$ at the close of trading on the official window on Monday, gaining 9.68 percent from Friday’s rate of 1,482.81/$.
According...
Port Harcourt Refinery to Commence Operation in July 2024
The Independent Marketers Association of Nigeria, IPMAN has revealed that the two hundred and ten thousand barrel-per-day Port Harcourt Refinery may finally commence operations...
United States-Nigeria Air Transport Agreement Officially Enters into Force, Enhancing Connectivity and Economic Partnership
The United States-Nigeria Air Transport Agreement, provisionally applied since 2000 has officially entered into force.
This Landmark Bilateral Agreement modernizes the Civil Aviation relationship between...
NDLEA Declares Couple Wanted for Cocaine Cartel Operations, Arrests 4 Cartel Members
The National Drug Law Enforcement Agency (NDLEA) has declared Mr. Kazeem Omogoriola Owoalade and Mrs. Rashidat Ayinke Owoalade wanted for operating a cocaine cartel...
CBN Withdraws Controversial 0.5% Cybersecurity Levy Directive Amid Public Outcry
The Central Bank of Nigeria (CBN) has officially withdrawn its directive for banks to implement the controversial 0.5% Cybersecurity Levy on electronic transactions.
This decision...
Dangote Refinery Secures 24m Barrels of US Crude
Dangote Refinery is set to boost its processing capacity with a significant procurement plan, aiming to purchase a total of 24 million barrels of...
Police Detain Portable Over Alleged ‘G-Wagon Debt’
The Lagos State Police Command has detained popular street singer Habeeb Okikiola, best known as Portable for allegedly refusing to settle a debt he...
Presidential Fiscal Policy and Tax Reforms Committee to Exempt 95% of Informal Sectors from Tax
The Presidential Fiscal Policy and Tax Reforms Committee (PFPTRC), has revealed plans to refix Nigeria’s tax system, with a significant focus on exempting 95%...
