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...
Corporate Affairs
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...
Minister of Justice Calls for Collaborative Efforts to Boost Nigeria’s Copyright System
The Minister of Justice and Attorney General of the Federation, Mr. Lateef Fagbemi, has emphasized the need for stakeholders to...
Rising Medication Costs Threaten Access to Healthcare in Nigeria, Report Warns
A recent report by SB Morgen Intelligence has raised concerns that over-the-counter medications may become unaffordable for many Nigerians due...
Poor Telecom Networks in Nigeria Blamed on Vandalism, Minister Calls for Critical Infrastructure Status
The Minister of Communications, Innovations, and Digital Economy, Bosun Tijani, has attributed drop calls and subpar telecommunication networks in Nigeria...
Tinubu’s Fuel Subsidy Removal Hits Nigerian Businesses: 90% Affected, Report Reveals
A recent report, titled the “State of Entrepreneurship” and published by the Fate Foundation, has shed light on the substantial...
Nigeria Sets Sights on $575 Billion Investment for Energy Transformation
Nigeria's Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has unveiled the NMDPRA Industry Sustainability Initiative (NISI), envisioning a massive $575...
Osogbo Bank Customers Frustrated as ATMs Fail to Dispense Cash Over the Weekend
Customers in Osogbo, the capital of Osun State, were left dissatisfied over the weekend as Automated Teller Machines (ATMs) in...
Nigeria Aims for Triple Oil Revenue in 2024 Budget Despite Sector Challenges
Nigeria's Federal Government has set an ambitious target of N7.69 trillion as oil revenue to contribute to its proposed N27.5...
