BUSINESS

Tinubu Sets Up Presidential Petroleum Reform, Value Optimisation Taskforce

        President Bola Ahmed Tinubu, has approved the establishment of a Presidential Petroleum Reform &...

CBN Directs Banks To Place Suspected Fraud BVNs On 24-Hour Watchlist

By Ayo Kehinde The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to place...

Banks Send Nearly ₦7trn ‘ Idle Cash’ to  CBN

  By Ayo Kehinde   Nigeria’s banking sector witnessed a significant surge in excess liquidity this week as...

OPEC: Nigeria’s Daily Oil Output Records10.7% Drop In February

    By Ayo Kehinde       Nigeria’s crude oil production fell to 1.31 million barrels per...

Fertiliser Prices Rise 11% Ahead Of Planting Season, Raising Food Inflation Concerns in Nigeria

  By Ayo Kehinde         Fertiliser prices have surged by about 11 percent just weeks...

FG Rules Out Petrol Price Regulation Despite Global Oil Volatility

  By Ayo Kehinde         The Federal Government of Nigeria has ruled out any plan...

Tinubu Nominates Lamido Yuguda as CBN Deputy Governor

          President Bola Ahmed Tinubu has approved the appointment of Lamido Abubakar Yuguda as...

NNPC Secures Presidential Approval to Unlock $20bn Bonga Southwest Deepwater Project

  By Ayo Kehinde         The Nigerian National Petroleum Company (NNPC) Limited, has secured presidential...

Dangote Cuts Fuel Prices by ₦100, Diesel by ₦190

  By Ayo Kehinde         In a move that promises short-term relief for marketers, bulk...

G7 Warns of Economic Risks as Oil Prices Climb Above $100, Weighs Market Intervention

    By Ayo Kehinde         Finance ministers of the Group of Seven (G7) have...