Business
CBN Calls on Nigerians to Report Cash Withdrawal Issues Starting December 1
The Central Bank of Nigeria (CBN) has directed Nigerians to report any difficulties in withdrawing cash from ATMs and bank branches starting December 1,...
Business
Inflation Crisis: CBN Governor Defends Policy Amid Rising Naira Concerns
Inflation remains "unacceptably high" in Nigeria, but the Central Bank of Nigeria (CBN) insists its monetary policies are gradually stabilizing the economy. CBN Governor, Olayemi...
Business
Cardoso Unveils FX Matching to Stabilise Naira, Curb Market Distortions
In a bold move to tackle Nigeria’s foreign exchange challenges, the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has announced the introduction of...
Business
TotalEnergies to Pump $750m into Nigeria’s Gas Sector
French oil giant, TotalEnergies, has revealed a massive investment plan of $750 million for a new Liquefied Natural Gas (LNG) project in Nigeria. The announcement...
News
FG Hands Over Completed Port-Harcourt-Aba Railway Section to NRC
The Federal Ministry of Transportation (FMOT) has officially handed over the completed Port Harcourt-Aba section of the Eastern Narrow-Gauge Railway Project to the Nigerian...
Business
PETROAN Commends NNPC, Says Critics Wrong About Port Harcourt Refinery
Billy Gillis-Harry, the President of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), has responded to criticisms surrounding the operations of the...
Business
NNPCL Under Fire for Allegedly Deceiving Nigerians Over Port Harcourt Refinery
The Nigerian National Petroleum Company Limited (NNPCL) is embroiled in a fresh controversy over claims surrounding the Port Harcourt refinery's operations. Timothy Mgbere, Secretary of...
Business
High Borrowing Costs Crippling African Economies – Experts
Low credit ratings are forcing African countries into a cycle of high borrowing costs and liquidity challenges. This concern was raised at a plenary session...