The Central Bank of Nigeria (CBN) has disclosed that the total currency in circulation has surged…
Category: Business
Chairman of Fiscal Policy Committee Defends Naira Float and Subsidy Removal as Imperative for Nigeria’s Economy
Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, defended the recent…
Federal Government Launches Distribution of 2,000 CNG-Powered Tricycles to Empower Nigerian Youth
In a significant move aimed at youth empowerment and economic development, the Federal Government has officially…
Oando Plc Achieves Landmark Status as Nigeria’s First Indigenous International Oil Company
Oando Plc has reached a significant milestone by becoming Nigeria’s first indigenous International Oil Company (IOC),…
Starlink Announces Major Price Hike in Nigeria, Cites Inflation
Starlink, the satellite internet service owned by Elon Musk, has announced a significant price increase for…
Nigeria’s Petrol Consumption Drops by 13.77% in 2023, Diesel Imports Surge
The National Bureau of Statistics (NBS) has reported a significant decline in petrol consumption in Nigeria…
Emirates Resumes Flights to Nigeria After Two-Year Suspension
Emirates Airlines has officially resumed flights to Nigeria, with Flight EK-783 landing at Murtala Muhammad International…
Federal Government Releases N122 Billion for Gas Projects to Boost Nigeria’s Energy Sector
The Nigerian federal government, on Monday, September 30, announced the release of N122 billion to six…
World Bank Approves $1.57bn in New Loans to Strengthen Nigeria’s Human Capital and Climate Resilience
The World Bank has approved three new loan requests for Nigeria, totaling $1.57 billion, aimed at…
Nigeria Must Boost Production to Achieve $1 Trillion Economy by 2026 – Bank of Industry
The Bank of Industry (BoI) has emphasized the need for Nigeria to enhance its production capacity…