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Category: Business
Keyamo, DALIL UAE sign MoU on advanced cargo information system
Federal Government has signed a Memorandum of Understanding with DALIL UAE to establish a framework for Advanced Cargo Information (ACI) deployment across Nigerian airports. The…
US reiterates Visa ban on corrupt individuals, family members
The United States has reaffirmed that individuals involved in corruption, including high-profile figures, may face visa restrictions under its global accountability measures. The US Mission…
Oil sector grew by 20% in Q2 2025 – NBS
The National Bureau of Statistics (NBS) has said that Nigeria’s oil sector grew by 20.46 percent in the second quarter (Q2) of 2025, outperforming the…
FX reserves hit $42bn, highest in six years
Nigeria’s external reserves climbed to their strongest level in six years, crossing the $42bn mark for the first time since September 2019. Latest data from…
Dangote’s 4,000 trucks not enough for nationwide petrol supply — Marketers
Oil marketers have said Dangote Refinery’s newly launched CNG-powered trucks would not be enough for an effective distribution of petroleum products across the country. The…
CAC to deploy AI to clear 7,000-application backlog
The Corporate Affairs Commission (CAC) has said it will deploy an Artificial Intelligence agent to clear a backlog of about 7,000 company registration applications and…
Tinubu seeks reform of global financial architecture to benefit Africa’s minerals
President Bola Tinubu has called for a complete overhaul of the global financial architecture governing Africa’s mineral resources. Tinubu, represented by the Vice-President Kashim Shettima,…
FG begins nationwide sensitisation on whistleblowing policy
The Federal Government has commenced a nationwide sensitisation programme on the implementation of Nigeria’s Whistleblowing Policy, beginning with Lagos, the country’s commercial hub. The programme,…
Cardoso cautions against Naira spray, hawking, mutilation
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has cautioned Nigerians against spraying, hawking and mutilating the Naira, warning that such acts…
Nigerian govt to introduce pension-backed loans for retirees, pensioners
The federal government, through the Nigerian Consumer Credit Corporation (CREDICORP) has introduced a pension-backed loan initiative designed to support and empower retirees. The scheme offers…