Category: Business
N4.7tn debt: Gencos demand date to meet Tinubu
Electricity generation companies want President Bola Tinubu to hasten the plan of meeting with the firms over the N4.7tn power sector debt to the Gencos….
Air Peace spokesman resigns
The Head of Corporate Communications at a Nigerian carrier, Air Peace, Dr. Ejike Ndiulo has resigned barely six months after his appointment. His sudden departure…
Naira records highest depreciation against dollar at official market
The Naira depreciated against the dollar at the official foreign exchange market on Friday to end the week on a negative note. The Central Bank…
Nigeria’s external reserves grew by 5.6% to $38.8bn in 2024 — CBN
The Central Bank of Nigeria (CBN), has reported that the country’s external reserves grew by 5.6 per cent (approximately $2.2 billion) to reach $38.8 billion…
NNPCL reduces fuel price to N910 per litre
Nigerian National Petroleum Company Limited (NNPCL), has reduced its retail price of Premium Motor Spirit. Our correspondent observed on Saturday that NNPCL retail outlets along…
NNPC: I served with fear of God – Mele Kyari denies being in EFCC’s custody
Former Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, NNPCL, Mele Kyari, has denied claims of being in custody of the Economic…
Nigerian Govt replies Meta on shutdown threat
The Federal Government, through the Federal Competition and Consumer Protection Commission (FCCPC), says the threat by WhatsApp to exit Nigeria due to the Commission’s recent…
AU set to announce AFRIMA 2025 host city
Excitement is building across Africa as the African Union Commission and the International Committee of the All Africa Music Awards prepare to announce the host…
CBN focusing on bringing down inflation — Cardoso
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has reiterated that the focus of the apex bank is to bring down the country’s…
Price of 50kg bag of rice drops — Report
The price of 50 kilogrammes of rice has reduced by 27 percent to N58,000 from N80,000 in some remote areas of Nigeria. This is according…

