Winners Announced in 2024 Oil Licensing Bid Round in Lagos
Winners have emerged in the ongoing 2024 oil licensing bid round, held at the Eko Hotel in Lagos. In the PPL 269 bid, Petroli Energy Marketing…
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Business
Nigerian business and economy news: the naira, CBN policy, inflation, oil and gas, banking, markets, budgets and companies.
2025 Budget: Debt Servicing To Gulp N15.8trn
President Bola Ahmed Tinubu has proposed ₦15.81 trillion for debt servicing in the 2025 Appropriation Bill, which he presented to the joint session of the National…
CBN Sets N1.2m Daily Transaction Limit for PoS Agents
The Central Bank of Nigeria (CBN) has announced a daily transaction limit of N1.2 million for Point of Sale (PoS) agents as part of its efforts…
World Bank Set To Approve $1.65 Billion Loans for Nigeria in 2025
The World Bank is set to approve three major loan projects for Nigeria in 2025, totaling $1.65 billion, according to information obtained from the institution’s official…
NNPC Cuts Petrol Prices Nationwide
The Nigerian National Petroleum Company (NNPC) Limited has reduced the price of Premium Motor Spirit (PMS), commonly known as petrol, across its retail outlets nationwide. The…
Nigeria Ranks First in Global Cryptocurrency Adoption
Nigeria has once again emerged as the global leader in cryptocurrency ownership and adoption, according to a newly released report by blockchain and Web3 software giant…
Nigerians lament as Moniepoint failed transactions hits harder after CBN’s #1bn fine on regulation
Customers banking with moniepoint throng different branches of their banks on Monday morning to complain over failed transactions made over the weekend. One of the customers…
VIDEO: ‘It’s confusing me’ Edo Gov Okpebholo says after struggling to pronounce 2025 state’s budget in figure
There was an uproar at the Edo State House of Assembly on Tuesday following the 2025 budget presentation by Edo State Governor, Monday Okpebholo. In a…
Expect better economy next year, Edun assures Nigerians
Nigerians yesterday got an assurance of a better economy next year from the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun. The…
Transcorp Hilton celebrates Christmas in Grand style with Tree Lighting Ceremony
Transcorp Hilton Abuja has celebrated another Christmas celebration in glitz and glamour with the tree lighting ceremony. The General Manager of Transcorp Hilton Abuja Mr Jorg Potreck…