Suspend new ATM charges, Reps tell CBN
The House of Representatives has urged the Central Bank of Nigeria (CBN) to suspend its directive increasing ATM withdrawal charges. This resolution resulted from a […]
Business
Paternity Dispute: Court Declares No Marriage Between Former Skye Bank Chairman Tunde Ayeni And Lawyer Adaobi
A Federal Capital Territory Customary Court in Dawaki, Abuja, has ruled that no marriage ever existed between Nigerian businessman and former Skye Bank chairman, Tunde […]
EFCC Arrests 28 Suspected Ponzi Scheme Operators In Minna
Operatives of the Economic and Financial Crimes Commission, EFCC, Kaduna Zonal Directorate have arrested 28 suspected ponzi scheme operators in Minna, Niger State. The suspects […]
Re: Clarification on the Naira Crude Contract Between NNPC Limited and Dangote Refinery
PRESS RELEASE Re: Clarification on the Naira Crude Contract Between NNPC Limited and Dangote Refinery NNPC Limited has noted recent reports circulating on social media […]
Petrol Imports Gulp ₦3.3 Trillion In Three Months Despite Rising Local Refining
Nigeria’s petrol imports have persisted with no significant decline despite reported rising domestic refining capacity. Nigeria, Africa’s largest crude oil producer and home to one […]
Nigeria Spends N930bn On Fuel Imports In February Despite Rising Local Refining
Nigeria imported petrol and diesel in February 2025 valued at about N930 billion, despite rising local refining capacity, raising questions as to the economic sense […]
Petrol Price Hike Looms As NNPC Halts Naira-for-crude Deal With Local Refineries
The Nigeria National Petroleum Company (NNPC) Limited has discontinued the naira-for-crude deal with Dangote Petroleum Refinery and other local refineries, TheCable understands. The development could trigger […]
NNPC, NIPCO sign deal to supply 80mmscf of gas daily to Ssonic Petroleum
NNPC Gas Marketing Limited (NGML), a subsidiary of NNPC Limited, and NIPCO Gas Ltd have signed a gas sale and purchase agreement (GSPA) with Ssonic […]
Nigeria Lost ₦94 Trillion To Business Closures, Multinational Divestments
The Nigerian Economic Summit Group (NESG) has stated that the harsh economic environment in the country has led to the closure of about 30 per […]
Reforms Have Stabilised Nigeria’s Economy – IMF
The International Monetary Fund (IMF) has said the reforms of the Bola Ahmed Tinubu government has restored economic stability in the country and further helped […]