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Business
Again, CBN hikes interest rate, gives reason
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which…
FG to supply 12million Barrels Crude to Dangote Refinery in October
The Federal Government has reached an agreement with Dangote Refinery to supply 12 million barrels of crude oil to the facility in…
‘All countries have gotten rid of it,’ Aliko Dangote backs fuel…
Founder of Dangote Petroleum Refinery, Aliko Dangote, has said now is the right time for government to stop payment of fuel…
Tariff hike looms as monthly power subsidy hits N181billion
Electricity customers on Band A feeders may face a potential tariff increase due to a rising electricity tariff shortfall,…
External reserves hit 22-month high to $37.31bn — CBN
Nigeria’s external reserves have reached a 22-month high of $37.31 billion, indicating substantial foreign inflows into the…
CBN clears air on alleged reintroduction of suspended cybersecurity level
The Central Bank of Nigeria (CBN) says it has not reintroduced the cybersecurity levy that was previously suspended.
Recall…
Rail transport generated N1.69bn in Q2 – NBS
The Nigerian rail system generated N1.69bn in passenger revenue during the second quarter of 2024, marking a 53.14% increase…
Coca-Cola mulls $1bn investment in Nigeria
Coca-Cola Hellenic Bottling Company says it will invest $1 billion in Nigeria over the next five years.
The investment…
‘We’re considering partial or full sale,’ PZ Cussons to…
PZ Cussons Plc, the parent company of PZ Cussons Nigeria, has confirmed that the company is planning to sell its African…
Celebrating United Bank for Africa’s 75 Years of Excellence, Enduring…
A pioneering financial services institution known as the British and French Bank Limited (BFB) was born in Nigeria, in 1949, with…