Business

A 43-year-old man, Sunday Ozimede, has been arraigned before the Federal High Court in Lagos State for allegedly hacking into Moniepoint Microfinance Bank’s vault and stealing N1.1 billion. Ozimede is …

Nigeria’s total public debt rose to N142.3 trillion as of September 30, 2024, representing an increase of 5.97% (N8.02 trillion) compared to N134.3 trillion in June 2024. This is according …

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 …

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 …

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”, …

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 …

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 …

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 …

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, …

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 …