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
Category: Business
SERAP Takes Legal Action Against NNPC for Withholding Oil Revenue Details
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
Nigeria’s Crude Oil Revenue Plunges by N289.6bn Amid Output Decline
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
Nigeria Reverses Cryptocurrency Ban, CBN Urges Compliance with New Guidelines
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
Presidency Announces Participating Companies in 50% Inter-State Transport Fare Reduction
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
Port Harcourt Refinery Resumes Operations After Prolonged Shutdown
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
Nigeria’s Debt Reaches N87.9 Trillion by September 2023, Says DMO
As of September 30, 2023, Nigeria’s total debt has surged to N87.9 trillion, according to the Debt Management Office (DMO). This figure reflects a marginal…
View More Nigeria’s Debt Reaches N87.9 Trillion by September 2023, Says DMO
Malta Guinness: The Unrivaled Quality Malt Drink in Nigeria and Africa
Dear valued consumers, Malta Guinness enthusiasts, and the general public, We wish to unequivocally affirm that Malta Guinness retains its position as the foremost malt…
View More Malta Guinness: The Unrivaled Quality Malt Drink in Nigeria and Africa
$19 Billion Dangote Refinery Receives Additional 1 Million Barrels of Crude Oil
The $19 billion Dangote Oil Refining Company is poised to commence petroleum product production with the delivery of two million barrels of crude oil. This…
View More $19 Billion Dangote Refinery Receives Additional 1 Million Barrels of Crude Oil
Wema Bank Rewards Two Female Customers with N1 Million Each
Wema Bank has honored Muritadho Shakiroh Opeyemi and Chiamaka Judith Ugonna, two female customers, with N1 million each as grand prize winners in the 5th…
View More Wema Bank Rewards Two Female Customers with N1 Million Each