Forex Spending on Foreign Education, Health Defy Naira Depreciation
Despite the naira’s significant depreciation, Nigerians have increased their spending on foreign education and health services. According to data from […]
Business
CBN Vows to Tackle Buying, Selling of Naira Notes
The Central Bank of Nigeria (CBN) has pledged to address the widespread commoditization of Naira notes, where the national currency
Only 100, you 000 POS Operators Registered, Says CAC
The Corporate Affairs Commission (CAC) has revealed that only 100,000 Point of Sale (POS) operators have officially registered their businesses
Dangote Refinery Reduces Pressure on European Markets — OPEC
The Organisation of the Petroleum Exporting Countries (OPEC) has reported that the Dangote Petroleum Refinery has reduced pressure on European
Crude Oil Production Surges in Abia State
Crude oil production in Abia State has witnessed a significant surge, jumping from 8,000-10,000 barrels per day to 32,000 barrels
Petrol Price Hike Looms as Depot Owners Raise Price to N950/Litre
The price of petrol is set to increase as depot owners have raised the price to N950/litre, representing a 4.74%
NBS to Include Prostitution, Other Illegal Activities in GDP Calculation
The National Bureau of Statistics (NBS) has announced that it will include illegal and hidden activities in the calculation of
FBN Holdings Reiterates Commitment to Corporate Governance Amid EGM Call
FBN Holdings Plc has reiterated its commitment to good corporate governance, despite receiving a call for an Extraordinary General Meeting
CBN Suspends Extension of Export Proceeds on Behalf of Exporters
The Central Bank of Nigeria (CBN) has suspended the extension of export proceeds by banks on behalf of exporters. This
FG Partners China to Boost Military Equipment Production
The Federal Government has announced plans to collaborate with China in domesticating the production of military equipment in Nigeria. This