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Category: Business
Eid-el-Fitr: Kwara begins payment of March salaries
The Kwara State Government has commenced the payment of March salaries to civil servants ahead of the Eid-el-Fitr celebration. The development was announced in a…
Update on fuel pump price after Dangote Refinery hike
Nigerian National Petroleum Company Limited (NNPCL), retail outlets and other filling stations in Abuja are yet to increase their fuel pump price, about 24 hours…
Tinubu establishes presidential taskforce to design new reforms in petroleum sector
President Bola Ahmed Tinubu has approved the establishment of a Presidential Petroleum Reform and Value Optimisation Taskforce to coordinate the next phase of structural reforms…
CBN limits mobile banking apps to one device, introduces new Instant payment rules
The Central Bank of Nigeria (CBN), on Friday announced sweeping new measures for instant payment operations, including a restriction that limits mobile banking applications to…
FAAC releases N1.894tn to FG, states, local govts as February revenue
The Federation Account Allocation Committee (FAAC) has disbursed a total of N1.894 trillion from the February 2026 Federation Account revenue to the federal government, state…
FG suspends petrol import licences for second consecutive month
The Federal Government has once again suspended the issuance of petrol import licences as local refining capacity continues to satisfy Nigeria’s domestic fuel demand. The…
FG moves to finalise PPP for 250MW Ikom dam project
The Infrastructure Concession Regulatory Commission (ICRC) has convened the inaugural meeting of the Presidential Project Development Committee for the Ikom Multipurpose Dam and Hydropower Project,…
Kwara customs command generate N2.5b revenue
Nigeria Customs Service (NCS), Kwara State Command, has intercepted contraband goods valued N478m in the continued crackdown on smuggling activities in various parts of the…
Food security remains central to Nigeria’s economic stability – FG
The Federal Government has said that ensuring food security remains central to Nigeria’s economic stability, national independence and poverty reduction. The Minister of Information and…
South Korea strikes crude oil deal with UAE
South Korea struck a deal Friday to ship around four million barrels of oil from the United Arab Emirates, bolstering supplies as the US-Israel war…