Federal Government Forecasts Massive Investment in Nigerian Oil and Gas Sector
The Nigerian government has revealed plans to inject approximately $22.82 billion into 1,068 oil and gas projects approved between 2022...
Corporate Affairs
NNPC Expresses Willingness to Invest in African Energy Bank for Sustainable Funding
Nigerian National Petroleum Company Limited (NNPC Ltd) has assured a seamless divestment process of the International Oil Companies (IOCs) from...
Nigeria Exchange Limited Records N700 Billion Loss Following CBN’s Monetary Policy Rate Hike
The Nigeria Exchange Limited (NGX) witnessed a bearish trend on Wednesday, resulting in investors recording a loss of N700 billion....
CBN Injects Liquidity, Allocates $20,000 to BDCs to Stabilize Naira
In a bid to address distortions in Nigeria's foreign exchange market, the Central Bank of Nigeria (CBN) has implemented measures...
Federal Government Overhauls Cash Transfer Program to Combat Fraud
The Federal Government has announced a major overhaul of its cash transfer program to address fraud, with immediate implementation of...
FAAC Allocates N1.149 Trillion Revenue to Federal, State Governments for January
The Federation Account Allocation Committee (FAAC) has disbursed a total of N1.149 trillion in revenue to the Federal Government, states,...
Senate Approves Appointment of CBN Monetary Policy Committee Members
The Senate has granted approval for the appointment of the 12-member Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC),...
Security Agencies on High Alert to Monitor Forex Market Ahead of FAAC Disbursements
The Central Bank of Nigeria (CBN) is facing heightened concerns over the potential further weakening of the Naira as the...
CBN MPC Nominees Offer Solutions to Address Naira Volatility and Food Inflation
The nominees for the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) have expressed optimism that the...
Cement Prices Set to Drop as Manufacturers Agree to Government’s Terms
Cement manufacturers in Nigeria have agreed to reduce the price of cement from N10,000 to a range of N7,000 to...
