Nigerian National Petroleum Company (NNPC) Limited has released a report showing that no fewer than 36 oil blocks are under concession to international oil companies operating...
The Shell Petroleum Development Company of Nigeria Limited (SPDC) and its joint venture partners – Nigerian National Petroleum Company Limited, TotalEnergies EP Nigeria Limited, and Nigerian...
Barely 24 hours after it increased the Customs exchange rate to N1, 356.883 per dollar on Friday, February 2, the Central Bank of Nigeria, CBN, on...
Ogun State Governor, Prince Dapo Abiodun has said that his administration is irrevocably committed to the development of the state and the well-being of its citizens....
The Federal Government through the Ministry of Steel Development, has lamented that Nigeria spends about four billion dollars annually for steel importation annually. This, it said...
The Central Bank of Nigeria has denied reports claiming it plans of converting $30 billion domiciliary deposits in Nigerian commercial banks into Naira. Punch had reported...
The Central Bank of Nigeria (CBN), has removed the allowable limit of exchange rate quoted by the International Money Transfer Operators (IMTOs). This is according to...
FBN Holdings Plc on Wednesday appointed Mr. Olufemi Otedola as its new Chairman, Board of Directors. The Holdings announced this in a notification signed by the...
The Central Bank of Nigeria (CBN) on Wednesday, Jan. 31, imposed limits on how much banks can hold in foreign currencies. The apex bank expressed concern...
The Senate Committee on Banking, Insurance and other Financial Institutions held an emergency meeting on Wednesday where they resolved to summon the Governor of Central Bank...