The Central Bank of Nigeria has reduced the Monetary Policy Rate (MPR) to 27%. Announcing the update on Tuesday, the CBN said, “The Monetary Policy Committee (MPC) at its 302nd meeting voted unanimously to adjust […]
The case involving the Economic and Financial Crimes Commission (EFCC) and the immediate-past Group Managing Director of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has been transferred to the registry for reassignment. Justice […]
The Executive Chairman of the Federal Inland Revenue Service, Zacch Adedeji, on Tuesday said the Federal Government will continue to borrow despite its significant revenue inflows in recent months. He argued that borrowing is not […]
Leading mobile technology and smart life brand, itel, has clinched the prestigious Most Impactful CSR of the Year Awardat the Titan of Tech Awards and Game Changers Gala Night, held on July 25, 2025, at […]
Nigeria’s upstream oil sector has achieved a remarkable milestone, with crude oil losses from theft and metering inaccuracies dropping to their lowest levels in nearly 16 years, according to the Nigerian Upstream Petroleum Regulatory Commission […]
The fragile truce between the Nigerian Union of Petroleum and Natural Gas Workers and the $20bn Dangote Petroleum Refinery has collapsed, igniting a fierce industrial dispute that threatens fuel supply stability and tests the Federal […]
In a significant move expected to ease financial pressure on Nigerians, the Federal Government has announced the removal of the 5% excise duty previously applied to telecommunications services, including voice calls and data subscriptions. The […]
President Bola Tinubu has called for a Federal Executive Council committee to move swiftly and implement measures to further reduce food prices across the country. Minister of State for Agriculture and Food Security, Senator Aliyu […]
Mele Kyari, a former Group Chief Executive Officer of the Nigerian National Petroleum Corporation Limited (NNPCL), is currently at the headquarters of the Economic and Financial Crimes Commission, Daily Trust can confirm. Kyari, who had […]
Nigeria made a strong impression on the opening day of the 2025 Gas Technology Exhibition & Conference (Gastech) in Milan, with key figures from the Nigerian National Petroleum Company Limited (NNPC Ltd.) and the federal […]
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