Business & Economy
FG Disburses N44 Billion to Settle Federal Retirees’ Pension Arrears
The Federal Government, through the Office of the Accountant-General of the Federation (OAGF), has released N44 billion to pay federal retirees, according to ...
Business & Economy
Nigeria Reaffirms Leadership in Global Energy Sector with Appointment of OPEC Chairman
Nigeria has further solidified its influence in the global energy sector with the appointment of Mr. Ademola Adeyemi-Bero as Chairman of the Board ...
Business & Economy
Nigerian Government Invests Over $450 Million in Compressed Natural Gas Value Chain
The Nigerian government has invested over $450 million in the development of the country’s compressed natural gas (CNG) value chain. Michael Oluwagbemi, Project ...
Business & Economy
Naira Gains in Parallel Market, Marginal Dip Recorded Officially
The Naira appreciated in the parallel market, trading at N1,550 per dollar on Monday, compared to N1,555 per dollar recorded over the weekend. ...
Business & Economy
AU-IBAR and Nigerian Government Launch Initiative to Transform Pastoral Livestock Markets
The African Pastoral Market Development Platform (APMDP), an initiative hosted by the African Union’s Inter-African Bureau for Animal Resources (AU-IBAR) in collaboration with ...
Business & Economy
Keyamo Launches “Operation Air Clean” to Address Harassment and Improve Airport Experience
The Minister of Aviation and Aerospace Development, Festus Keyamo (SAN), has introduced a series of reforms under the initiative “Operation Air Clean” to ...
Business & Economy
Banks in Abuja Raise Daily Over-the-Counter Withdrawal Limit to N50,000
Deposit Money Banks in the Federal Capital Territory have raised the daily maximum over-the-counter withdrawal limit to N50,000, up from the previous N5,000 ...
Business & Economy
The Port Harcourt refinery remains operational-PENGASSAN.
The Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, has confirmed that the Port Harcourt Refinery is functional. There were claims ...
Business & Economy
Chamber calls on states to enhance intra-African trade.
The Nigeria-Namibia Chamber of Commerce has called on state governments to deepen trade and investment ties with African countries to unlock economic growth ...
Business & Economy
CBN: Nigeria spent N6.2tn and N4.5tn on foreign exchange and fuel subsidies in 2022.
The Central Bank of Nigeria Governor, Olayemi Cardoso said the federal government spent N6.2 trillion on foreign exchange subsidy in 2022 alone compared ...