In a brief statement on Wednesday, the Central Bank of Nigeria (CBN) announced the dissolution of the boards and management of Union Bank, Keystone Bank,…
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Category: Business
Naira Records Significant Drop to N1089.51/$ on Official I&E Window
The Nigerian naira experienced a substantial decline to N1089.51/$ on the official Investor and Exporter (I&E) window on Tuesday, marking a 27.19% decrease from its…
View More Naira Records Significant Drop to N1089.51/$ on Official I&E Window
NNPCL Reports Record N2 Trillion Profit in 2022
The Nigerian National Petroleum Company Limited (NNPCL) announced on Tuesday that it achieved a remarkable profit of N2.548 trillion in 2022, marking the “highest profit…
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Federal Government Assures Stable Sugar Price
The Minister of Trade, Industry, and Investments, Dr. Doris Uzoka-Anite, has provided assurance that there will be no hike in the price of sugar. This…
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Dangote Refinery Poised for Production as Crude Supply Reaches 6 Million Barrels
The Dangote Petroleum Refinery announced its imminent commencement of refined petroleum product production as it received the sixth batch of one million barrels of crude…
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Lagos Positioned to Spearhead Innovation and Developer Growth, Says Expert
Scott C. Eneje, a business and technology expert based in Lagos, has highlighted the city’s pivotal role in shaping the future of technology and innovation.…
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Arewa Youths Oppose CBT Format for WASSCE, Predict Mass Failure
The Arewa Youth Consultative Forum has called for the cancellation of the proposed computer-based test (CBT) format in the upcoming West African Senior School Certificate…
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Jigawa State Aims for Two Million Tons of Wheat Exports
Governor Umar Namadi of Jigawa State has unveiled ambitious plans to produce two million tonnes of wheat for export, with the goal of achieving agricultural…
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Traders Stage Protest, Urge Lagos Government Approval for Market Location
On Thursday, members of the Orilowo Perishable Food Market Association staged a protest at the Lagos State House of Assembly, expressing dissatisfaction over the delay…
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NNPCL Reassures Nigerians: No Plans to Increase Fuel Price
On Wednesday, the Nigerian National Petroleum Company Limited (NNPCL) issued a statement dispelling rumors of an impending hike in the pump price of Premium Motor…
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