Reported by Tahir Ishaq Shehu European equities ended Tuesday’s session on a mixed note, as renewed…
Category: Business
DMO Launches July 2025 Savings Bonds at Reduced Interest Rates
Reported by Tahir Ishaq Shehu The Debt Management Office (DMO) has opened the subscription window for…
Nigeria Secures WTO Digital Trade Fund to Support Women Entrepreneurs
Nigeria has secured a major win on the international stage with the successful bid for the…
Africa Takes Major Step Towards Financial Independence with New Payment Card
In a groundbreaking development aimed at reducing Africa’s dependency on foreign currencies, Nigeria and other African…
FG Fines Multichoice ₦766.2m for Data Privacy Breach, Orders Nationwide Probe
The Federal Government has imposed a fine of ₦766,242,500 on Multichoice Nigeria for breaching the Nigeria…
FG Spends N536.4bn on Electricity Subsidy in Q1 2025, Yet GenCos Wait for N4.7tn Debt Payment
The Federal Government spent a staggering ₦536.4 billion on electricity subsidies in the first quarter of…
NUPRC Generates N28.11bn from Licensing, Eyes More as Permit Renewals Surge
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has recorded a total of N28.11 billion in miscellaneous…
Petrol Prices Fall Below N900 as Dangote Refinery Slashes Ex-Depot Rate
Petrol pump prices across many parts of Nigeria have dropped below ₦900 per litre following a…
Nigeria’s Debt Servicing Hits 4.1% of GDP in 2024, Says AfDB Report
Nigeria spent 4.1 per cent of its Gross Domestic Product (GDP) on debt servicing in 2024,…
BREAKING: Nigerian Banks Resume International Transactions on Naira Cards After Prolonged Suspension
In a major relief for customers and businesses, Nigerian banks have resumed international transactions on naira-denominated…