Tinubu’s Govt Failed to CommenceStudent Loan Scheme slated for January despite assurance
The Federal Government’s Student Loan Scheme is yet to commence despite the assurance of the Minister of State for Education, Dr Yusuf Sununu that the January…
Section
Business
Nigerian business and economy news: the naira, CBN policy, inflation, oil and gas, banking, markets, budgets and companies.
JUST IN: CBN orders banks to sell excess dollars in 24 hours
Amid its fresh moves to stabilise the nation’s volatile exchange rate, the Central Bank of Nigeria has ordered Deposit Money Banks to sell their excess dollar…
BREAKING: Senate summons CBN governor, Cardoso, over free fall of Naira
The Senate on Wednesday, January 31, summoned the Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, to appear before it on Tuesday next…
Court Mandates Seizure of Senator Victor Umeh’s Assets Due to N136m Bank Debt
A Federal High Court in Abuja has ordered Senator Victor Umeh, representing Anambra Central Senatorial District, to pay N135,722,303.40k along with accrued interest to the Asset…
Pressure mounts on Chief of Naval Staff to resign over alleged $170 million oil theft fraud
A coalition of five groups under the umbrella of the Middle Belt Pan-Nigerian Forum has called for the resignation of the Chief of Naval Staff, Vice…
Despite criticism,1,500 redeployed CBN staff resume at Lagos office
At least 1,500 members of staff of the Central Bank of Nigeria will on Friday resume at its Lagos office following their redeployment from the headquarters,…
Tinubu Shakes Up Oil Industry, Directs Central Bank to Take Over Crude Sales from NNPC
President Bola Tinubu has announced a shake-up in the oil sector to ensure transparency amid concerns about declining oil revenue and opaque practices within the NNPC.…
Sanusi supports the relocation of CBN departments to Lagos
Former Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi, has expressed his support for the apex bank’s decision to relocate five of its…
Plastic, Styrofoam Ban: ‘Come with your own plates’ Chicken Republic tells customers
Chicken Republic urges its customers to bring their plates in support of the single-use plastics and styrofoam ban by the Lagos government. On Monday, Chicken Republic…
Why Shell is selling its Onshore Oil Drilling Business in Nigeria for $2.1bn
After almost 90 years nine decadesshell is selling its oil drilling business on Nigerian soil this is the second largest oil company in the world second…