Nigeria loses 400,000 barrels of crude oil daily to Oil thieves- NSA
The National Security Adviser, Malam Nuhu Ribadu, has said Nigeria still loses 400,000 barrels of crude oil daily to local and international thieves despite efforts to…
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Business
Nigerian business and economy news: the naira, CBN policy, inflation, oil and gas, banking, markets, budgets and companies.
Wike assumes office in SUV worth over 75 million naira labelled ‘FCT-01’
The Minister of the Federal Capital Territory, Nyesom Wike’s choice of automobile for his first day at work has got many talking. Wike arrived at the…
Fidelity Bank boss advocates measures to curb e-fraud challenges
Managing Director/Chief Executive Officer, Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe has called on the Nigeria Electronic Fraud Forum, NeFF to come with solutions to the challenges…
Falana sues CBN for floating of naira
Human rights lawyer Femi Falana, SAN, has vowed to sue the the Central Bank of Nigeria for floating of the naira. Stating that the floating is…
Nigerians react as Naira Marley cautions youth against drug, substance abuse
Nigerian Youth reacted to the call by Nigerian artiste, Azeez Fashola aka Naira Marley, popularly “Igbo labi,” (loosely translated as “marijuana born”) to shun drug abuse.…
NESG predicts, says Nigeria’s economy to grow stronger for rest of 2023
The Nigerian Economic Summit Group (NESG) has made projection that Nigeria will experience stronger economic growth as business activities increase in the remaining part of the…
BREAKING: Nigeria’s inflation hits 24.08% as food prices rise
Nigeria’s annual inflation rate rose to 24.08 per cent in July from 22.79 per cent in the previous month, the National Bureau of Statistics (NBS) said…
CBN spent N3.2 trillion on fraudulent, opaque ‘operating expenses’ under Buhari .
The financial statement published this week and the first of its kind since 2015 said CBN filed over N3.2 trillion as “other operating expenses” under Emefiele.…
Nigerians, Ghana, Others To Earn More As Twitter Begins Payment For Tweets
Nigerians and twitter users from other African countries will begin earn more as the microblogging site X formerly known as Twitter has began payment through its…
EVP Gas at NNPCL foresees revenue surge through gas commercialization in Nigeria
Mohammed Ahmed, the Executive Vice President of Gas, Power and New Energy at the Nigerian National Petroleum Company Limited (NNPCL) has said that upcoming gas projects…