Electricity consumers on Band A feeders may face another potential tariff hike as the federal government’s…
Category: Business
Nigeria Up-to-Date on Debt Payments – Finance Minister Refutes Bloomberg Report
The Nigerian government has refuted claims that it has defaulted on its debt obligations. Finance Minister…
NNPC Ltd. Seeks Revival of Brass and Olokola LNG Projects to Harness Nigeria’s Gas Resources
In a strategic move to capitalize on Nigeria’s vast gas resources for economic growth, NNPC Ltd.…
Oando PLC Executives Spotlight Africa’s Role in Global Energy Transition at 2024 Gastech
Dr. Ainojie ‘Alex’ Irune, Executive Director of Oando PLC and Managing Director of Oando Energy Resources…
CBN Clarifies Misinterpretations of Monetary, Credit, and Foreign Trade Policy Guidelines for 2024-2025
The Central Bank of Nigeria (CBN) has issued a clarification regarding its recently published biennial document…
CBN to Hold 297th Monetary Policy Committee Meeting on September 23-24, 2024
The Central Bank of Nigeria (CBN) has announced that the 297th Monetary Policy Committee (MPC) meeting…
Wale Edun Outlines Economic Reforms at Access Bank’s Corporate Customer Forum 2024
The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, delivered a…
Nigerian Rail System Sees 53% Revenue Surge in Q2 2024
The Nigerian rail system generated N1.69 billion in passenger revenue during the second quarter of 2024,…
Wale Edun: Nigeria Allocates $2.97 Billion for Oil Imports Amid Energy Crisis
The Central Bank of Nigeria (CBN) has disbursed a total of $2.97 billion to oil sector…
Nigeria’s Foreign Reserves Increase by $2.35 Billion, Boosting Economic Stability
Nigeria has recorded a notable net inflow of approximately $2.35 billion into its foreign reserves, according…