President Bola Tinubu has congratulated the Nigerian National Petroleum Company Limited (NNPCL) on the successful revitalization…
Category: Business
MPC Raises Interest Rate to 27.5%, Retains CRR and Liquidity Ratio
The Monetary Policy Committee (MPC) has unanimously voted to increase the Monetary Policy Rate (MPR) by…
Port Harcourt Refinery Begins Production, Truck Loading Commences
The Port Harcourt Refinery has officially commenced production, with truck loading operations starting today, Tuesday, according…
BREAKING: Port Harcourt Refinery Begins Operations
Port Harcourt Refinery has commenced crude oil processing, marking a major milestone in Nigeria’s efforts to…
Resurgent Services Sector Fuels Nigeria’s Economic Growth in Q3
Nigeria’s economy outperformed expectations in the third quarter of 2024, driven by a robust resurgence in…
N3.87 Trillion Allocated for Recurrent Expenditure in Nigerian States’ 2025 Budgets
In their proposed budgets for the 2025 fiscal year, 13 Nigerian states have earmarked approximately N3.87…
ECOWAS Unveils Digital Certificate of Origin to Boost Trade and Curb Fraud
The Economic Community of West African States (ECOWAS) has launched its electronic certificate of origin (e-CO),…
CBN Extends Recapitalisation Deadline for BDC Operators to June 2025
The Central Bank of Nigeria (CBN) has extended the deadline for Bureaux De Change (BDC) operators…
Finance Minister Wale Edun Ushers in Fiscal Reforms as Nigeria’s Economy Grows 3.46%
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, is driving a significant transformation…
Finance Minister Edun Defends Borrowing Amid Surplus Revenue Reports
The Nigerian government has reiterated its need for additional borrowing to fund the budget despite some…