President Bola Tinubu has presented the sum of N47.96 trillion as the proposed budget for 2025 to the national assembly. Tinubu walked into the green chamber...
The Central Bank of Nigeria (CBN) has set a daily withdrawal limit on point-of-sale (PoS) terminals to N100,000 per customer. In a circular to all deposit...
Transcorp Hotels Plc has announced the appointment of Mrs. Uzo Oshogwe as its new Managing Director/Chief Executive Officer (MD/CEO), effective January 1, 2025. Mrs. Oshogwe, currently...
The Naira yesterday appreciated to N1,660 per dollar in the parallel market from N1,662 per dollar last weekend. However, the Naira depreciated to N1,550 per dollar...
Members of the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) in Nasarawa state have called off the indefinite strike embarked upon against the non-implementation...
The Dangote Petroleum Refinery (DPR) says it has extended the export of petrol to Ghana, Angola, and South Africa. Devakumar Edwin, vice-president of oil and gas...
Nigeria’s headline inflation rose to 34.60% in November 2024 reflecting a further surge in the costs of goods and services across the country. This is according...
First Bank of Nigeria (FBN) has denied having any record of fraud incident in its institution. The bank’s statement follows a recent media report which claimed...
The Nigerian Maritime Administration and Safety Agency (NIMASA) says an oil spill incident occurred at the Shell Petroleum Development Company (SPDC) loading terminal, SMI, in Bonny,...
The Central Bank of Nigeria has announced that it will slam a fine of N150m per branch on Deposit Money Banks found guilty of facilitating the...