The Central Bank of Nigeria (CBN) has again raised the Monetary Policy Rate (MPR), which measures interest rates by 50 basis points, from 26.25% to 26.75%...
Abuja Electricity Distribution Company (AEDC) has announced the appointment of Engr. Chijioke Okwuokenye as the acting Managing Director, with immediate effect. This appointment, which is part...
The House of Representatives has expressed readiness to investigate allegations that products being produced at the Dangote Refinery are inferior to imported ones, and will also...
Aliko Dangote, Africa’s richest man, on Saturday stated that he did not enjoy any incentive from the Nigerian government to build his $20bn refinery sited at...
The Federal Government has imposed a $220 million fine on Meta Platforms Inc., the parent company of WhatsApp, Facebook, and Instagram, for alleged breaches of data...
The Central Bank of Nigeria, CBN, has directed all banks and other financial institutions in the country to transfer all dormant accounts and unclaimed balances and...
The Central Bank of Nigeria (CBN) said in Abuja on Friday that its monetary policies and actions have stimulated growth and stability of the nation’s economy....
Nigeria’s external reserves increased to $35.77 billion on Thursday up from the $33.09 Billion at the end of 2023. This is according to Thursday’s data from...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has said that the quality of petroleum products from the Dangote refinery, as well as those from...
The Central Bank of Nigeria said it sold foreign currency worth $20,000 to each eligible Bureau de Change operator at N1,450 per dollar. A.A. Mahdi, the...