marking an optimistic start to the New Year. The surge is attributed to the hopeful prospects of licensing exchange-traded spot bitcoin funds. This surge follows…
View More Bitcoin experiences a noteworthy surge, surpassing $45,000 for the first time since April 2022
On Monday, the Dangote Petroleum Refinery welcomed its fourth shipment of one million barrels of bonny light crude oil, supplied by the Nigeria National Petroleum…
View More Dangote Refinery Receives Additional One Million Barrels of Crude Oil
The Nigerian National Petroleum Company Limited (NNPCL) has officially commenced the supply of crude oil for the test-run of the Port Harcourt Refining Company Limited,…
View More Port Harcourt Refinery Initiates Test-Run; Supply to 12 States Imminent
The devaluation of the naira against the dollar and other major currencies is causing distress among industrialists and parents, particularly those funding international travels and…
View More Industrialists and Parents Express Concern as Naira Closes 2023 at 907/$
The Home Finance Department of the Ministry of Finance, Budget, and National Planning has secured a $5.6 million loan from the World Bank for the…
View More World Bank Grants $5.6m Loan to Finance Ministry for Procurement of Office Essentials
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company Limited (NNPCL) for its alleged failure to disclose information…
View More SERAP Takes Legal Action Against NNPC for Withholding Oil Revenue Details
In November 2023, Nigeria experienced a significant decline in crude oil output, resulting in a loss of approximately N289.6 billion in oil revenue. According to…
View More Nigeria’s Crude Oil Revenue Plunges by N289.6bn Amid Output Decline
The Central Bank of Nigeria (CBN) has lifted the ban on cryptocurrency transactions, reversing its earlier restriction on crypto assets and instructing banks to disregard…
View More Nigeria Reverses Cryptocurrency Ban, CBN Urges Compliance with New Guidelines
President Bola Tinubu has approved a 50% reduction in inter-state transport fares and free train rides for Nigerians from December 21, 2023, to January 4,…
View More Presidency Announces Participating Companies in 50% Inter-State Transport Fare Reduction
The Port Harcourt Refining Company in Rivers State has restarted its operations, marking a significant development after years of inactivity and turnaround maintenance of the…
View More Port Harcourt Refinery Resumes Operations After Prolonged Shutdown