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Category: Business
CBN directs Nigerian banks to withdraw misleading advertisement
The Central Bank of Nigeria (CBN) has directed Nigerian banks, payment service banks and other financial institutions to immediately withdraw all advertisements that violate consumer-protection…
FG announces readiness of Africa Energy Bank Headquarters in Nigeria
The Federal Government has revealed that the head office of the $5 billion Africa Energy Bank (AEB), to be hosted in Nigeria, is now fully…
Aviation remains Africa’s ‘connecting tissue’ — Keyamo
The Minister of Aviation and Aerospace Development, Festus Keyamo, on Tuesday declared that aviation is the “connecting tissue” linking commerce, tourism, manufacturing, and regional integration…
Digital Economy: Nigeria, Sierra Leone sign MoUs to strengthen bilateral cooperation
The Nigerian government through the Ministry of Communications, Innovation and Digital Economy, has signed Memoranda of Understanding, MoUs with the government of Sierra Leone to…
BREAKING: NNPCL reduces fuel price after Dangote Refinery, depot owners cut rates
The Nigerian National Petroleum Company Limited (NNPCL) has reduced its premium motor spirit pump price after Dangote Refinery and depot owners dropped ex-depot prices. A…
Fourteen Nigerian banks yet to meet CBN’s recapitalisation ahead of deadline
No fewer than 14 Nigerian commercial banks are yet to meet the Central Bank of Nigeria’s recapitalisation requirement as the 31st March 2026 deadline inches…
Nigeria generated N2.06tn VAT in Q2 2025 — NBS
Nigeria recorded a total Value Added Tax (VAT) collection of N2.06 trillion in the second quarter of 2025, according to the latest VAT Report released…
Tinubu unveils electric tricycle scheme for youth empowerment
President Bola Tinubu has unveiled the Electric Tricycle Empowerment Initiative to support youth self-employment and national growth. Represented by Labour Minister Dr Muhammad Dingyadi, he…
FGN bond oversubscribed by 42% in November auction
The Federal Government of Nigeria (FGN) bond recorded a 42.8 percent oversubscription in its November 2025 auction, reflecting a surge in investor demand during the…
FG considers Dana Air assets to refund trapped passenger funds
The Federal Government may seize assets of Dana Air to recover funds owed to passengers and airline travel agents, the Minister of Aviation and Aerospace…