Nigerian business and economy news: the naira, CBN policy, inflation, oil and gas, banking, markets, budgets and companies.
The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, said yesterday it was working to ensure collaboration with industry regulators and stakeholders to attract businesses in the sector,…
Dangote Refinery plans to sell a 12.7% stake in 2024 to service its loans, according to a report by Fitch Ratings, a credit rating agency. Fitch…
The Central Bank of Nigeria (CBN) on Tuesday announced the approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and…
First Bank has reportedly sacked over 100 employees in July 2024, four months after discovering that Tijani Muiz Adeyinka, a manager on the operations team, allegedly…
The Nigerian stock Market experienced a decline on the first trading day of the week on Monday following the broader global market downturn. This decline resulted…
The Nigerian Communications Commission (NCC) has issued a directive to telecommunications operators to simplify their tariff plans, bundles, and promotional activities. This move aims to provide…
NNPC has launched a new crude oil blend with a current production of 28,000 barrels per day, aiming for 50,000. The Nigerian National Petroleum Company Limited…
My fellow Nigerians, To address this, we immediately launched our Compressed Natural Gas Initiative (CNG) to power our transportation economy and bring costs down. This will…
One week after Nigeria’s Federal Competition and Consumer Protection Commission imposed a $220 million fine on WhatsApp for a data privacy breach, the Meta-owned company may…
The Lagos State government has unveiled an ambitious plan to generate N200 billion annually by expanding its income tax base to include remote workers and leveraging…
