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Contrary to recent reports, the Nigerian government on Friday insists it has not suspended plans to remove petroleum subsidy by June, 2023

MDAs owes FG N5.2 trillion – Official

According to him, the debt came to the spotlight from data aggregated from ongoing debt aggregation efforts from more than…

Why Nigerians should embrace honeybee production

“We can barely meet 10 per cent of local demands, let alone our export demands. A bee farm can be…
IPMAN describes reduction in price of premium motor spirit also known as petrol by Dangote Petroleum Refinery as the beauty of deregulation.

IPMAN: No plan to go on strike over fuel scarcity

The Ogun chapter of IPMAN had threatened to shut down all its outlets across the state over the ultimatum issued…
Ayemibo (middle) and others at the unveiling

94% of exporters experienced rejection of financing request by Nigerian banks – Report

A financial Expert and Director, 3T Impex Trade Academy, Dr. Bamidele Ayemibo, at the unveiling of the report at the…

Yuletide: Business booming for tailors in Abuja

He said he had stopped further collection since November so that she could conveniently meet up with the deadline and…
EFCC

Experts back review of cash withdrawal limit

The experts spoke against the background of the CBN Governor, Mr Godwin Emefiele’s comment that government would not be rigid…
Aliko Dangote at with the management of the company at the Extraordinary General Meeting

Shareholders approve Dangote Cement’s share buy-back

Shareholders of Dangote Cement, unanimously on Tuesday authorised the Management of the company to undertake a share buyback of up…
The Muhammadu Buhari Govt has completed 105 Power Transformer projects between 2015 to 2022, Minister of Power, Abubakar Aliyu said in Abuja

Buhari completes 105 power projects in 7 years – Minister

Aliyu said 73 of the power transformers were installed by the Transmission Company of Nigeria (TCN engineers in substations across…
Naira

Naira bounces back slightly against dollar 

The figure represented an appreciation by 0.11 per cent, compared with the N446.50 it exchanged at the close of business…
NCC, CBN to unveil refund framework for failed airtime, data transactions

Nigerian mobile subscribers hit 210m in August – NCC

The Executive Chairman of NCC, Prof. Umar Dambatta, stated this on Monday at the NCC Day at the 43rd Kano…
DMO: We’ve raised N3.3trn from domestic markets to fund 2022 budget deficit

Nigeria’s public debt hits N44.06trn – DMO

Data from the DMO’s external and domestic debt servicing also showed that the country spent N1.17 trillion on debt in…
Ekiti Assembly Speaker, Adeoye Aribasoye, says the Assembly will pass a bill banning single-use plastic to address environmental concerns

Lagos recycles less than 10% of waste generated – Waste Managers

“Currently, less than 10 per cent of waste generated in Lagos state is being recycled; through genuine collaboration with other…
Seme Customs Area Controller, Comptroller Mohammed Jibo

Anti-smuggling war: Freight Forwarders laud Seme Customs Controller

The associations also commended Comptroller Jibo for his representation of the Nigeria Customs Service (NCS) at the just concluded World…
Naira

Naira crumbles further to dollar 

An exchange rate of N452 to the dollar was the highest rate recorded within the day’s trading before it settled…
Ericsson, multinational telecommunications company, projects 5G subscriptions in Sub-Saharan Africa (SSA) will grow to 150 million by 2028.

Sub-Saharan Africa 5G subscriptions to hit 150m – Report

The Ericsson report said that currently, 4G represented 29 per cent of mobile subscriptions in SSA with 4G subscriptions expected…
Efbet works with specific providers that are not available elsewhere. Hence, many people are interested in using this operator’s services.

Casino games offered by Efbet to Bulgarians that might be available in Nigeria

Many of the world’s leading online casinos come up with unique ideas that separate them from the rest. However, they…
DMO: We’ve raised N3.3trn from domestic markets to fund 2022 budget deficit

DMO issues 2 federal government savings bonds

These bonds are backed by the full faith and credit of the Federal Government of Nigeria, and charged upon the…
iLOT Bet is a sport betting company that is duly registered under the National lottery Commission with the aim of making sport betting experience easy for everyone to enjoy

Sports Betting Made Easy With iLOT Bet

Sports fans in Nigeria enjoy watching football with friends and also place bets on iLOT whenever there is a Premier League match,…
President Buhari receives in audience Mr Salvatore Sciacchitano, President of International Civil Aviation Organisation (ICAO) in State House on 5th Dec 2022

Buhari: Nigeria’s aviation industry increasing by leaps and bounds

Buhari told his guest that Nigeria was championing the cause of Aviation safety, security and facilitation in Africa.
Nigerian govt inaugurates panel to probe rampant theft of crude oil which had led to significant decline in production and in her revenue

Nigerian govt inaugurates special panel to probe oil theft

Nigeria had consistently failed to meet its daily production quota of about two million barrels per day, as provided by…

Breaking: CBN limits maximum cash withdrawal from ATM to N100,000 per week

A memo from the CBN on Tuesday said daily maximum withdrawal from ATM would now be N20,000.
The British government formally lifted a ban on fracking for shale gas in England and has confirmed support for new oil and gas licensing round

How technology boosts oil and gas trading: Flagship Energy

The deployment of technological initiatives for procurement in the oil and gas sector will certainly boost operations and by this…
NNPC Chevron

$1.4bn secured for Chevron, NNPC drilling project

The project is in alignment with the NNPC/CNL JV’s lower carbon ambitions and helps support a lower carbon future through…
SGF Boss Mustapha, Gov. Abdullahi Ganduje of Kano and HMS, ITI, Ambassador Mariam Katagum, during public presentation of "BUHARI OSINBAJO: The MSME Story" at State House Banquet Hall, Abuja on Dec 1, 2022.

Nigeria’s govt successes in MSMEs sector now template for others – Osinbajo

Prof. Osinbajo reiterated that the growth and development of MSMEs in the country remains a core objective of the Federal…
Naira

Naira depreciates marginally against Dollar

An exchange rate of N447 to the dollar was the highest rate recorded during the day’s trading before it settled…
FCMB Group records 73.2% profit

FCMB posts N26.5bn profit before tax in nine months

FCMB Group Plc has sustained its impressive financial performance across all indicators, achieving a 68.4% year-on-year growth in profit before…
CBN orders banks to publish names and BVN of defaulters

CBN speaks on purported plan to introduce N5000 note

According to the apex bank, if there is a need for note restructuring, it would need to coin the lower…

Amazon shuts down business in India

Amazon Distribution, its wholesale e-commerce website available to small neighbourhood stores in Bengaluru, Mysore and Hubli, was designed to help…
Sol PR, Multichoice get awards

SOL PR, MultiChoice Nigeria shine at Brandcom Awards Night

Commenting on the awards, Bamidele Johnson, Chief Operating Officer, Strategic Outcomes Limited, expressed his delight at the recognition of the…
Commercial motorcyclists, popularly known as Okada riders, in Kubwa area of FCT explains why they are rejecting the new Naira notes

How redesign of Naira will control inflation in Nigeria – Don

According to him, the high circulation of money to some extent contributed to the hyperinflation in the country.
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