The National Bureau of Statistics (NBS) has disclosed that African investors, excluding Nigerians, contributed $285.11 million…
Category: Business
Oando Records 40% Oil Production Growth Following NAOC Acquisition
Oando Plc has announced a 40% increase in oil production following its acquisition of the Nigerian…
World Bank Extends Nigeria’s Digital Identity Project Deadline to 2026
The World Bank has approved a two-year extension for Nigeria’s Digital Identity for Development (ID4D) project,…
Thousands Benefit as FG’s 50% Transport Fare Subsidy Takes Off Nationwide
Thousands of Nigerians flocked motor parks across Abuja, Lagos, and other states to take advantage of…
President Tinubu Announces Subsidized Transport for Nigerians During Festive Period
In a bid to ease the hardship faced by Nigerians during the festive season, President Bola…
Naira Depreciates to N1,667.41 Per Dollar in November
The naira continued its downward trajectory in November, depreciating by 2.14% to an average exchange rate…
Nigeria Deepens Economic Ties with Saudi Arabia
The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, representing President…
Port Harcourt Refining Company Resumes Petrol Loading
After a week of inactivity, the Port Harcourt Refining Company has resumed the trucking of Premium…
FG Commences 50% Subsidy on Interstate Transport Fares
The Federal Government has announced the commencement of its 50% interstate transport fare subsidy today, December…
Dollar Gains as High U.S. Interest Rates Pressure Global Currencies
The U.S. dollar strengthened on Tuesday, buoyed by the Federal Reserve’s signal that high interest rates…