NDIC Disburses Over N1.7 Billion to Customers Post Bank License Revocation
The Nigeria Deposit Insurance Corporation (NDIC) has recently disclosed the disbursement of a staggering sum of over N3.4 million to...
Business
Kano Government Agrees to N3 Billion Payout for Unlawful Demolition of Eid Shops
The Kano State Government has agreed to compensate the Incorporated Trustees of Masallacin Eid Shop Owners and Traders Association with...
NNPCL Generates N4.5 Trillion in Revenue for Nigeria in 2023
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, revealed that the company has...
Bureau of Public Enterprises (BPE) Champions Private Sector Investment to Optimize Federal Assets
The Director-General of the Bureau of Public Enterprises (BPE), Alex Okoh, has affirmed the bureau's dedication to maximizing the value...
Nigeria Unveils Innovative “4D Foreign Policy” to Bolster Global Ties
The Federal Government of Nigeria has introduced a new foreign policy framework dubbed the "4D foreign policy," aimed at leveraging...
CBN Sounds Alert on Counterfeit Currency Surge: Calls for Public Vigilance
The Central Bank of Nigeria (CBN) has raised an alarm concerning the surge in the circulation of counterfeit banknotes, particularly...
Nigeria’s Border Closure Costs Freight Industry N13 Billion Weekly, Says AFFPON
The Association of Freight Forwarding Practitioners of Nigeria (AFFPON) has disclosed that the weekly loss incurred due to Nigeria's border...
CBN Extends Letter of Credit Timelines Amidst Forex Woes
The Central Bank of Nigeria (CBN) has revised the timeline for issuing letters of credit from 24 hours to five...
P&G Restructures Nigerian Operations: Nigeria to Transform into Import Hub as Macro Challenges Persist
Consumer goods giant Procter & Gamble (P&G) has announced plans to restructure its operations in Nigeria, transitioning the country into...
NNPC Shifts Crude Pricing Strategy, Raises Concerns of Increased Market Volatility
The Nigerian National Petroleum Company Limited (NNPC) is set to change the pricing methodology for its crude oil cargoes, a...
