Nigerian business and economy news: the naira, CBN policy, inflation, oil and gas, banking, markets, budgets and companies.
The Federal Government of Nigeria (FGN) Power Company has announced the signing of a major Engineering, Procurement, Construction and Financing (EPC&F) contract with China Machinery Engineering…
Pascal Dozie, founder of the defunct Diamond Bank Plc and former chairman of MTN Nigeria, has died at the age of 85. A statement issued by…
As part of its Corporate Social Responsibility (CSR) initiatives, leading financial institution, Fidelity Bank Plc, recently donated food packs to Federal Capital Territory (FCT) Abuja residents.…
Crude Oil Refinery Owners Association of Nigeria has said that the price of Premium Motor Spirit (petrol) can drop below N400 per litre with the current…
Following the appointment of the Group Chief Executive Officer and Board of Directors, the Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced the appointment of…
Nigeria’s fintech sector has thrived on bold ambition and relentless execution, but as it enters its next phase, strategic intelligence is crucial. According to ‘DeRemi Atanda,…
The Central Bank of Nigeria, CBN, has denied introducing new N5,000 and N10,000 notes. CBN described the reports as false. There has been widespread reports that…
American banking giant JP Morgan is set to convert its Lagos representative office into a full-fledged business branch as part of its broader strategy to expand…
Dangote Petroleum Refinery has announced suspension of sale of petroleum products in naira. This was announced in a notice sent to petroleum marketers, on Wednesday afternoon.…
A coalition of concerned civil servants in Rivers State, alongside the Rivers Solidarity for Good Governance, has issued a deadline to the state House of Assembly,…
