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***calls on CBN to investigate payment claims The Coalition for Economic Liberation and Transformation (CELT) has raised alarm over alleged N3 Trillion fuel importation fraud traced...
Stephen Olufemi Oni, Ilorin The Nigeria Customs Service’s Operation Whirlwind in Kwara/ Niger States axis has within month seized 67,000 litres of petroleum worth N84.8m. It...
Nigeria’s Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, is pushing forward with a nationwide awareness and consultation campaign for the Digital Economy and e-Governance...
October 31, 2024 — The House of Representatives has urged the Federal Government to create a comprehensive plan to incorporate indigenous refiners into Nigeria’s petroleum production...
The International Monetary Fund (IMF) has reaffirmed its recommendation for Nigeria to remove fuel subsidies and adjust foreign exchange (FX) rates as crucial steps for achieving...
The Petroleum Marketers Association of Nigeria (IPMAN) has urged Aliko Dangote to reevaluate the price of Premium Motor Spirit (PMS) from his refinery, suggesting it might...
The Central Bank of Nigeria (CBN) has highlighted advancements in financial inclusion, revealing that 52% of Nigerian adults now have formal bank accounts. However, 32% of...
By Daniel Edu In recent years, Nigeria has seen a growing trend of multinational and local companies shutting down or relocating their operations due to economic...
The World Bank has projected that Nigeria, along with Angola and Sierra Leone, will maintain high interest rates for an extended period due to double-digit inflation...
The Central Bank of Nigeria (CBN) has initiated a re-validation process to address $2.4 billion in foreign exchange (FX) claims by manufacturers and importers. CBN Governor...
