Business

Central Bank of Nigeria(CBN) governor, Olayemi Cardoso has said that the apex bank from 2025 will regularly share information on the nation's Net external reserves. The governor said this at...

The Federal Competition and Consumer Protection Commission (FCCPC) has said the recent service disruptions experienced in banks which has prevented customers from accessing their funds is a violation of customers rights....

Oil marketers have raised alarm over the continued losses and the threat of about 10,000 dealers shutting down as a huge number of consumers shun fuel consumption across the country...

The Naira yesterday depreciated to N1,739 per dollar in the parallel market from N1,735 per dollar on Wednesday, 24 October 2024. However, the Naira appreciated to N1,601.2 per dollar in...

ExxonMobil has disclosed that the sale of Mobil Producing Nigeria Unlimited shares for $1.28 billion to Seplat Energy Plc. is nearing its conclusion. Seplat is a Nigerian energy company listed...

Following the National Assembly's reintroduction of 5 per cent excise duty on the telecommunications sector, previously exempted by former President Muhammadu Buhari, industry players have vehemently pushed back the federal...

The Nigerian National Petroleum Corporation (NNPC) Limited – Chevron Nigeria Limited (CNL) Joint Venture (NNPC-CNL JV) on Friday, 18 October disclosed that a major oil discovery was made at the...

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has clarified that the apex bank does not determine the foreign exchange rate, stating that it is driven...

Osagie Okunbor, managing director of Shell Petroleum Development Company (SPDC), and chairman of Shell Companies in Nigeria has debunked claims that the company is leaving Nigeria despite the decision to...

The World Bank in its recent 'Africa Pulse' report has listed the Nigerian Naira as one of the worst-performing currencies in Sub-Saharan Africa in 2024. The Naira as of August...