The Central Bank of Nigeria (CBN) has said it has approved the release of the Nigerian Foreign Exchange (FX) Code. The apex bank also announced that the Code would be …
Business
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Dangote Petroleum Refinery says it did not increase the pump price of fuel. This is contained in a statement on Sunday by the Chief Group Branding and Communication Officer, Anthony …
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Dangote Petroleum Refinery has announced an adjustment in its pricing structure for Premium Motor Spirit (PMS), also known as petrol. In a notice on Friday titled, “Communication on PMS Price Review”, …
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Nigeria’s annual inflation rate rose to 34.80 per cent in December 2024 from 34.60 per cent in November, the National Bureau of Statistics (NBS) said on Wednesday. This marks a continuation of …
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The Minister of Finance and Coordinating Minister of the Economy, Wale Edun has called for bold reforms and smarter investments at the Islamic Development Bank (IsDB) Governors’ Retreat held in …
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Telecommunications operators are set to suspend Unstructured Supplementary Service Data (USSD) services in two weeks due to the failure of deposit money banks (DMBs) to settle a long-standing N250 billion …
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The Central Bank of Nigeria (CBN) has introduced two new financial instruments: the Non-Resident Nigerian Ordinary Account (NRNOA) and the Non-Resident Nigerian Investment Account (NRNIA). This, according to the bank, …
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Kogi State Government has donated over N34 million to victims of the GSM village fire Incident at the Paparanda section of Lokoja. The Deputy Governor, Joel Salifu Oyibo while presenting …
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Nigeria’s Broad Money Supply (M2) soared by 51% year-on-year (YoY) to reach N108.96 trillion in November 2024, fueled by increasing domestic borrowings by the Federal Government, according to the Central …
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Dangote Cement Plc, Gboko Plant, in Benue State, has more than doubled its bursary payments to the host communities. This was disclosed by the acting Plant Director Engr Murusamy Murugan …