Business

CBN Governor Cardoso Announces Partnership with International Money Transfer Companies To Double Remittances To Nigeria

The CBN has created a remittance task force to improve the naira’s strength, and it will report directly to Governor…

7 months ago

‘False, Mischievous’: Dangote Debunks Report On High Sulphur Diesel

Dangote Group says that the diesel it produces is better than 80% of what is imported into Nigeria.

7 months ago

NNPC, First E&P Kickstart Oil Production At OML 85, Expect 7.3m Barrels Annually

NNPC CEO Kyari says the commencement of oil drilling at Madu Field is a significant milestone for Nigeria.

7 months ago

CBN Successfully Subdues Attack On Naira, Makes Room For Economic Growth

Analysts have applauded the naira’s reform policies as the official FX market recorded $12.66 billion turnover in three months.

7 months ago

First Bank CEO Adeduntan Resigns 

First Bank’s three term CEO, Adesola Adeduntan, has resigned in order for him to pursue other interests.

7 months ago

Dangote Refinery Getting a Third of Its Crude from US, Set to Shake West African Supply Market

As well as processing domestic feedstock, Dangote Refinery is equipped to process other African crudes and from further afield.

7 months ago

LCCI Urges CBN to Intensify Forex Market Reforms to Strengthen Naira and Curb Inflation

LCCI has called on CBN to sustain its policy reforms in the foreign exchange market to attract more foreign exchange…

7 months ago

FCCPC Vows to Protect Consumers Amid Rising Costs Despite Naira Appreciation

FCCPC boss Abdullahi has pledged commitment to educating consumers, advocating awareness campaigns, and collaborating with regulatory bodies to tackle unfair…

7 months ago

Cardoso: CBN Has No Intention of Intervening in Forex Market, Committed To Market-Driven Rates

CBN Governor Cardoso says liquidity is returning to Nigeria's FX market, signalling growing confidence and activity in the Nigerian economy..

7 months ago

Tinubu Lauds Dangote Group For Reducing Diesel Price By 60%

Lauding Dangote, President Tinubu affirmed that Nigerians and domestic businesses are the nation's surest transport to economic prosperity.

7 months ago