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Category: Business
After 10 years, oil investments flow again – FG
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has announced that the country has broken a 10-year drought in oil sector investments,…
Marketers fault Dangote’s 500,000-litre fuel delivery threshold
The Dangote Petroleum Refinery has introduced a minimum purchase requirement of 500,000 litres of petrol for oil marketers wishing to benefit from its free delivery…
FG targets initiative to boost food security, livestock health
The Federal Government has said it is taking decisive steps to integrate renewable energy solutions with veterinary reforms in a bid to strengthen food security,…
148,077 electricity customers metered in May, June – NERC
The Nigerian Electricity Regulatory Commission (NERC) has disclosed that a total of 148,077 electricity customers were metered across the country in May and June 2025….
BUA boss predicts naira will strengthen to ₦1,400 by year-end
Abdul Samad Rabiu, president of BUA Group, has predicted that the naira will strengthen to between ₦1,300 and ₦1,400 to the dollar by the end…
Saudi reaffirms commitment to strengthen ties with Nigeria
The Kingdom of Saudi Arabia, KSA has reaffirmed it commitment to strengthening its ties with the Nigerian government. The Consul General of the Kingdom of…
UNGA: Invest in Nigeria, Africa minerals to diversify supply to international market – Tinubu
President Bola Ahmed Tinubu has told world leaders gathered at the 80th session of the United Nations General Assembly (UNGA) in New York, United States,…
14 banks have met CBN’s new capital requirement – Cardoso
Governor of the Central Bank of Nigeria, Olayemi Cardoso, on Tuesday, said 14 banks have so far met the new regulatory capital requirements introduced earlier…
FG seeks fresh investments in oil, gas sector
The Federal Government has reiterated its commitment to attracting more investments into Nigeria’s oil and gas sector to drive industrialisation and economic growth, THE PRIME…
JUST IN: CBN reduces Monetary Policy Rate to 27%
The Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) by 50 basis points, from 27.5 percent to 27 percent, THE PRIME…