Nigeria’s inflation hits 33.20%, says NBS
The National Bureau of Statistics (NBS) says Nigeria’s headline inflationgf rate increased to 33.20 per cent in March 2024. The NBS said this in […]
BUSINESS
Nigeria Customs Service bolsters collaboration with Benin Republic counterpart
By OLA MODUPE, Lagos – In an effort to strengthen the longstanding partnership between the Nigeria Customs Service (NCS) and its counterpart in the Republic […]
NIPCO completes 4 CNG stations in Lagos
NIPCO Plc has completed four Compressed Natural Gas (CNG) stations in Lagos, set for inauguration by May. The Managing Director of NIPCO Gas Ltd., […]
Tinubu urged to intervene in Dangote Refinery pump price of diesel
A chieftain of the All Progressives Congress (APC) in Osun State, Olatunbosun Oyintiloye, has appealed to President Bola Tinubu, to intervene in the possible […]
AMCON delists Benue Links from bad debtors list –GM
The General Manager, Benue Links Nigeria Ltd., Mr Alexander Fanafa, says the Assets Management Company of Nigeria (AMCON) has delisted the transport company from […]
Naira makes huge recovery, gains 7.2% against dollar
The Naira on Friday experienced huge appreciation at the official market, trading at N1,142.38 to the dollar. Data from the official trading platform of […]
We’re taking steps to restore oil production shortfall, maximise well utilisation – Lokpobiri
The Federal Government has said measures are being put in place to restore oil production in view of recent concerns regarding shortfall in oil […]
Equity market: Investors lose N412bn
Losses in the stocks of Dangote Sugar, Guaranty Trust Holding Company (GTCO), among others have further weakened the performance of the equity market of […]
FIRS generates N12.3 trn in 2023 – CEO
The Chief Executive, Federal Inland Revenue Service (FIRS), Mr Zacch Adedeji, said that the service witnessed unprecedented progress in revenue collection, culminating in a […]
NPA is committed to becoming Africa’s leading port – MD
The Managing Director of the Nigerian Ports Authority (NPA), Alhaji Mohammed Koko, has said the agency is committed to becoming the leading port in […]
Inflation to further drop in 2024 – IMF
The International Monetary Fund (IMF) says inflation is easing faster than expected but has not been fully defeated. Managing Director of IMF, Kristalina Georgieva,was […]
ABCON backs CBN’s directive on non-export domiciliary accounts
The Association of Bureau De Change Operators of Nigeria (ABCON) has commended the Central Bank of Nigeria (CBN) for its recent directive to cease […]
Dangote moves to ensure self-sufficiency in all sectors of its investment
Dangote group has said that its target is to ensure that Nigeria becomes self-sufficient in all sectors of its investment. The South East Regional […]
SABRE 2024: NIPR, Nigeria Customs emerge African PR awards finalists
The Nigerian Institute of Public Relations (NIPR) and the Nigeria Customs Service (NCS) have been selected as finalists for the 2024 SABRE Africa PR […]
Full year 2023: UBA gross earnings rises by 143% YoY, profit hits N757.7bn
In another unprecedented performance, Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its audited financial results for the […]
African economies to grow at 3.4% in 2024 – World Bank
The World Bank has projected that growth will rebound in African economies from 2.6 per cent in 2023 to 3.4 per cent in 2024 […]
Zenith Bank grows total assets to N20.4bn
Zenith Bank Plc has said its total assets grew to N20.368 billion for the year ended Dec. 31, 2023. The Company Secretary of Zenith […]
External auditors begin audit of Benue Investment and Property Company
External auditors, PKF Professional Services, has began audit of Benue Investment and Property Company Limited (BIPC). Managing Director, (MD/CEO) of BIPC, Dr. Raymond Asemakaha, […]
CBN warns bank customers against using Forex as collateral for naira loans
By MBAFAN ADE, Abuja – The Central Bank of Nigeria (CBN) has warned bank customers to desist from using foreign currency as collateral for […]
CBN approves daily sales of $10,000 to 1,588 BDC operators
The Central Bank of Nigeria (CBN) has approved daily sales of 10,000 dollars to 1,588 eligible Bureau De Change operators at the rate of […]