The House of Representatives Committee on Customs and Excise has announced plans to investigate the activities of terminal operators at the Apapa port, due to […]
Category: Business
Business
Four Oil Companies Remit Additional $14.2 Million to Federation Account Amid Ongoing Investigations
Four oil companies operating in Nigeria have remitted an additional $14.2 million into the Federation Account as part of an ongoing investigation by the House […]
Bitcoin and Cryptocurrencies Slide Amid US Economic Concerns
Bitcoin and other major cryptocurrencies faced significant losses on Tuesday, with Bitcoin dipping by 3.2% to $79,937, after hitting a low of $76,624. Ethereum also […]
Dangote Refinery to Refund Customers for Overcharged Fuel Purchases Following Price Reduction
Dangote Petroleum Refinery has announced its plans to refund customers who purchased Premium Motor Spirit (PMS), commonly known as fuel, at the previous rate of […]
Dangote Refinery to Refund Customers Over Excess Petrol Charges, Slashes PMS Price to N825/Litre
The Dangote Petroleum Refinery has announced a refund initiative for customers who purchased Premium Motor Spirit (PMS) at rates higher than its advertised prices from […]
NNPC Shuts Down Warri Refinery for Routine Maintenance, Denies Explosion Reports
Barely a month after announcing the commencement of operations at the 125,000 barrels-per-day (bpd) Warri Refinery, the Nigerian National Petroleum Company Limited (NNPCL) has confirmed […]
Poultry Association Predicts Drop in Egg Prices Amid Lagos State Feed Subsidy
The Poultry Association of Nigeria (PAN), Lagos State chapter, has projected a reduction in egg prices, citing the state’s feed subsidy program as a key […]
CBN Pursues Policies to Position Nigeria’s Banking Sector for a ₦1 Trillion Economy
The Central Bank of Nigeria (CBN) is implementing policies aimed at strengthening the banking sector and positioning the economy for a ₦1 trillion transformation, according […]
CBN Governor Pledges to Address Commoditization of the Naira
The Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, has pledged to tackle the growing trend of Naira commoditization, describing it as […]
World Bank Debars Nigerian Firms, CEO for Corruption in Social Safety Nets Project
The World Bank Group has announced the 30-month debarment of two Nigerian companies, Viva Atlantic Limited and Technology House Limited, along with their Managing Director […]