The Central Bank of Nigeria (CBN) has imposed a total fine of N1.35 billion on nine Deposit Money Banks (DMBs) for failing to ...

As of September 2024, Nigeria’s telecommunications and ICT firms are grappling with a staggering N1.69 trillion debt owed to Deposit Money Banks. This ...

The Nigerian Communications Commission (NCC) is set to publicly disclose the names of 18 banks that collectively owe a staggering N200 billion for ...

The Federal Government has acknowledged ongoing challenges with the national electricity grid, revealing there is no immediate end to its frequent collapses. Speaking ...

Fuel prices in Nigeria are expected to rise in the coming days as global crude oil prices soar, with Brent crude reaching $79.76 ...

As Nigeria grapples with persistent blackouts, a growing number of manufacturers and academic institutions—over 250 in total—have opted to abandon the national grid ...

The Federal Government has approved four airlines to transport Nigerian pilgrims to Saudi Arabia for the 2025 Hajj pilgrimage. This was disclosed by ...

The Niger Delta Development Commission (NDDC) has announced plans to recommence work on the 3.65-kilometre Borokiri-Okrika Road and its three bridges, a project ...

Global oil prices rose on Monday, reversing earlier declines, as escalating Western sanctions on Russia and Iran fueled concerns about tighter crude supplies. ...

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced that the ongoing rehabilitation of the 150,000 barrels per day (bpd) Port Harcourt ...