The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has disclosed that the clearance…
Category: Business
Naira Surges to 2025 Peak as FX Reforms Tighten Official-Parallel Market Gap
Nigeria’s currency, the naira, recorded its strongest performance of 2025 on Thursday, closing at N1,455.23 per…
President Tinubu Announces 40% Growth in Rail and Water Transport in 28 Months
President Bola Tinubu has announced significant progress in Nigeria’s transport sector, revealing that rail transport has…
Aviation Sector Adds $2.5bn to Nigeria’s GDP, Creates 271,000 Jobs – IATA
The International Air Transport Association (IATA) has revealed that Nigeria’s aviation sector contributes $2.5 billion annually…
Zenith, GTCO Lead Banks’ N126.8bn IT Spend in H1 2025
Nigerian banks deepened their push into digital infrastructure in the first half of 2025, with five…
PENGASSAN Suspends Strike After Agreement With Dangote Refinery
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has suspended its nationwide strike…
FG Successfully Mediates Resolution Between Dangote Refinery and PENGASSAN
The Federal Government has successfully mediated a resolution between Dangote Petroleum Refinery and the Petroleum and…
FG BEGINS ₦32,000 PENSION INCREMENT FOR RETIREES UNDER DEFINED BENEFIT in ISCHEME
The Federal Government has commenced the implementation of a ₦32,000 pension increment for retirees under the…
DANGOTE REFINERY–PENGASSAN RECONCILIATION MEETING SHIFTED TO NSA’S OFFICE
The high-stakes reconciliation meeting between the management of the Dangote Refinery and leaders of the Petroleum…
Tax Reforms Exempt Food, Education, and Agriculture
The Federal Inland Revenue Service (FIRS) has announced that Nigeria’s sweeping new tax reforms will exempt…