Foreign investments in Nigeria’s telecommunications sector fell sharply to $14.4 million in the third quarter of…
Category: Business
Naira Gains N137.69 Against Dollar in One Week
The Nigerian naira appreciated by N137.69 against the United States dollar within a week, spurred by…
Oando Boosts Oil Production by 50% After Agip Acquisition
Oando Plc has increased its crude oil production by 50% within three months following its $783…
Naira Hits N1,555/$ Parallel, N1,535/$ Official
For the first time since May, the Naira recorded five straight days of appreciation this week,…
Nigerian Railway Corporation to Launch Special Festive Train Services Nationwide
The Nigerian Railway Corporation (NRC) announced plans to roll out special end-of-the-year train services across all…
Senate Summons Aviation Minister, NCAA DG Over Persistent Flight Disruptions
The Nigerian Senate on Wednesday directed its Committee on Aviation to summon the Minister of Aviation…
NNPCL Conducts Tour of Resuscitated Port Harcourt Refinery
Senior management staff of the Nigerian National Petroleum Company Limited (NNPCL) on Wednesday led journalists, stakeholders,…
Senate Halts Tax Reform Deliberations
The Nigerian Senate has suspended further discussions on the tax reform bills, citing the need for…
New Tax Bill Could Boost University Lecturers’ Salaries to ₦5M – Oyedele
Renowned fiscal policy expert Taiwo Oyedele has highlighted the transformative potential of Nigeria’s new tax bill,…
CBN Directs Banks to Prioritise Cash Disbursement to Address Shortages
The Central Bank of Nigeria (CBN) has issued a directive mandating Deposit Money Banks (DMBs) to…