Edo State Governor, Senator Monday Okpebholo, has restated his administration’s commitment to transparency and effective use of public resources, as work on the first-ever flyover […]
Category: Business
PENGASSAN Strike Shuts Down Key Oil and Gas Agencies, Threatens Fuel Supply
The nationwide strike declared by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Monday crippled operations at major oil and gas […]
Dangote Refinery Crisis Deepens as Forum, Union Clash Over Labour Dispute
The crisis at the Dangote Petroleum Refinery intensified on Sunday as the Forum of Concerned Nigerian Consumers urged the Federal Government and the Department of […]
Customs Launches One-Stop-Shop to Cut Clearance Time to 48 Hours
The Nigeria Customs Service (NCS) has introduced a One-Stop-Shop (OSS) initiative aimed at reducing cargo clearance time from 21 days to just 48 hours. The […]
Portable Orders Fans to Deal with Impostor Performing His Songs
Nigerian singer Portable has sparked controversy after urging fans to physically confront a man he claims is impersonating him on the live-show circuit. The warning […]
Hope for Naira: BUA Chairman Predicts ₦1,300 Exchange Rate by December
Abdul Samad Rabiu, Chairman of BUA Group, has expressed optimism that the naira will continue its upward trajectory, forecasting that the currency could trade between […]
14 Banks Meet New CBN Capital Requirement as MPC Cuts Interest Rate to 27%
ABUJA— Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, yesterday announced that 14 Nigerian banks have successfully met the new capital requirement under […]
CBN Cuts Interest Rate to 27% After Three Pauses
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has lowered the country’s interest rate to 27.00 per cent, marking the first adjustment […]