Business

The Central Bank of Nigeria (CBN) has granted BDCs temporary access to Nigerian Foreign Exchange Market (NFEM) from December 19, 2024, to January 30, 2025, with a weekly cap of…

Press Statement (Full)Addressing NNPCL's MisinformationDangote RefineryWe have received numerous inquiries from the media and other concerned stakeholders seeking clarification on a recent report attributed to the Nigerian National Petroleum Company…

President of Faso, Head of State, Captain Ibrahim Traore, has inaugurated the Faso Tomato Company (SOFATO) in Yako which "specializes in the processing and marketing of tomato-derived products".Burkina Faso: Captain…

Bonga North will be a subsea tie-back to the Shell-operated Bonga Floating Production Storage and Offloading (FPSO) facility which Shell operates with a 55% interest.ShellThe Bonga North project involves drilling,…

Updated penalty on inappropriate cash disbursement practices by Deposit Money Banks (DMBs).Central Bank of Nigeria (CBN)The Central Bank of Nigeria (CBN) has warned, for "any illicit flow of mint banknotes…

Here are Positive Notes from President Tinubu's Job Creation & MSMEs Reforms.President TinubuSee below:

Here are positive notes from President Tinubu's N200 Billion Manufacturing Sector MSMES Support Fund.President TinubuSee below:

Here are positive notes from President Tinubu's reforms agenda.Presidency NigeriaSee below:

Here are positive notes from President Tinubu's oil sector reforms.Presidency NigeriaSee below:

State House Press Release (Full)President Tinubu celebrates Shell and Partners' $5 billion Deepwater investment as milestone for Nigeria's energy sectorPresident Tinubu celebrates Shell and Partners' $5bn Deepwater investmentPresident Bola Ahmed…

Nigeria's Crude production to increase by 30,000bpd'Nigeria's Crude production to increase by 30,000bpd' - PresidencyAs Vice President Kashim Shettima launches Oriental Energy's FPSO facility in Dubai, says it's symbol of…

According to Nigerian Bank, Access Bank: "We are pleased to announce that @accessbank_sa has signed a binding agreement to acquire a 100% equity stake in South Africa-based Bidvest Bank, marking a…

According to Daniel Bwala, Special Adviser to President Tinubu on Policy Communication: "Nigeria hits a record-breaking revenue milestone!Daniel Bwala"A gross total revenue of N3.143 Trillion is the highest ever recorded…

The Federal Accounts Allocation Committee (FAAC) shared N1.727 trillion among the federal government, states, and local government councils (LGCs) for November, according to a communiqué issued after the FAAC meeting…

Central Bank of Nigeria (CBN) reiterates validity of old series of ₦1000, ₦500 and ₦200 denominations.Central Bank of Nigeria (CBN)"The CBN has observed the misinformation regarding the validity of the…

Former Prime Minister of the United Kingdom (UK), Liz Truss, has reacted to a tweet by BBC on the economy of the UK shrinking for second month in a row.Liz…

On Wednesday 11 December, 2024, President Asiwaju Bola Ahmed Tinubu assured the German government and businessmen of Nigeria's preparedness to expand frontiers for investors by taking away administrative bottlenecks in…

US President, Joe Biden, has said, President-Elect, Donald Trump, "will inherit the strongest economy in the world".US President, Joe Biden. Photo: @POTUSThe US President said, "most economists agree the new…

As shared by Nasir Ahmad El-Rufai: "NIGERIA UPDATE: Based on purchasing power parity, Nigeria’s GDP as at 2023 was estimated to be 19th highest in the world and still the…

According to the Ogun State Government: "Governor Dapo Abiodun of Ogun State held a strategic meeting with the CEO of the Office of Hydrocarbons and Mines of Morocco to explore…