Business
CBN To Clear $7 Billion Forex Backlog, Sanction Defiant Banks
The Central Bank of Nigeria (CBN) has officially confirmed that the long-awaited payments for the country's foreign exchange (forex) backlog will soon begin. This...
Business
FG Begins Probe Of Max Air Incident At Kano Airport
The Nigerian Safety Investigation Bureau (NSIB) has launched an investigation into the incident involving a Boeing 737-400 aircraft with registration 5N-MBD, operated by Max...
Business
Gas Revolution: FG Grants 25-Year Licences to 10 Firms
In a strategic move to boost domestic gas distribution and enhance Nigeria’s energy transition, the Federal Government has issued 25-year gas distribution licences to...
Business
FG Moves to Cut Port Costs by 25% with Single Window System
The Federal Government has unveiled plans to implement the National Single Window (NSW) system, aiming to reduce port operation costs by at least 25%....
Business
CBN Clears $7 Billion Forex Backlog, To Sanction Violators
The Central Bank of Nigeria (CBN) has officially confirmed that the long-awaited payments for the country's foreign exchange (forex) backlog will soon begin. This...
Business
Tinubu Inherited ₦87.38 Trillion, Not ₦21 Trillion – DMO
The Debt Management Office (DMO) has dismissed claims that Nigeria’s public debt under President Bola Ahmed Tinubu was ₦21 trillion, stating instead that the...
Business
CBN Sets january 31 Deadline for FX Market Compliance
The Central Bank of Nigeria (CBN) has intensified its oversight of the nation's foreign exchange (FX) market, setting a firm deadline for compliance reports...
Business
Over 200 UK Companies Embrace Four-Day Work Week, No Pay Cuts
In a groundbreaking shift set to redefine the global work culture, more than 200 UK companies have permanently adopted the four-day work week with...