News
Nigerian Banks Fail to Meet Financial Report Deadline
Several major Nigerian banks have failed to meet the February deadline for submitting their audited financial reports, causing concern among investors and market analysts....
Business
All Commercial Banks Now Integrated for Form ‘M’ Openings — Customs
In a significant move to modernize Nigeria’s trade facilitation processes, the Nigeria Customs Service (NCS) has announced the full integration of all commercial banks...
Business
FG Confirms Plan to Settle ₦7.74 Trillion Fuel Subsidy Debt to NNPCL
The Nigerian government has officially confirmed plans to pay a ₦7.74 trillion debt to the Nigerian National Petroleum Company Limited (NNPCL), a debt that...
News
Over 60% of Nigerian Manufacturers Exit National Grid Due to Unreliable Power Supply
Nigeria's manufacturing sector is facing a severe challenge due to the country's unreliable power supply. Over 60% of manufacturing companies have been forced to...
Business
FG to Launch New Payment Platform, Replacing REMITA
The Federal Government of Nigeria is set to unveil a new payment platform, the Treasury Management & Revenue Assurance System (TMRAS), today, March 4,...
News
Naira Depreciates in Parallel Market, Appreciates in Official Market
The value of the Naira experienced a mixed performance on Monday, March 3, 2025, as it depreciated in the parallel market but appreciated in...
Business
NLC Rejects Planned Electricity Tariff Hike, Warns of Mass Resistance
The Nigeria Labour Congress (NLC) has strongly condemned any potential hike in electricity tariffs, warning the Federal Government to abandon plans to increase rates...
News
FG Calls for Cement Price Reduction to N7,000
The Nigerian Federal Government has called on cement manufacturers to reduce the price of cement to N7,000 per bag, citing the recent improvements in...