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World Bank names 59 blacklisted Nigerian firms.
The World Bank has barred 59 Nigerian companies and individuals for engaging in corrupt practices and other procurement offences. This...
Nigeria’s Inflation Rate Soars To 33.69% In April 2024
According to the National Bureau of Statistics (NBS)’s Consumer Price Index (CPI) report released on Wednesday, Nigeria’s inflation rate rose...
Gas price hike looms in Nigeria
On Tuesday, explosions and sightings of smoke erupted at Shell’s Gbaran facility. The fire in Shell’s Gbaran facility in Bayelsa...
Band A customers opt for solar as energy costs triple
Premium electricity consumers categorised as Band A customers are embracing solar power as an alternative source of energy following the...
CBN plans transfer of N5.5tn to Finance Ministry
The Central Bank of Nigeria, CBN, will transfer N5.5 trillion for development activities to the Ministry of Finance, Development Finance...
CBN To Retain High Interest Rates To Curb Inflation says Cardoso
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has hinted that the apex bank will keep interest...
Cryptocurrency businesses should be licensed in Nigeria according to IMF
The International Monetary Fund, IMF explained that global crypto trading platforms should be registered or licensed in Nigeria and subject...
NPA, TTP introduce E-tag for efficient cargo delivery
Nigerian Ports Authority, NPA, in collaboration with the management of the Truck Transit Parks Limited, TTP, have commenced moves to...
Port Harcourt, Warri refineries to be fully operational in 2024
As Nigeria’s fuel scarcity lingers, the Chairman, Senate Committee on Petroleum (Downstream), Ifeanyi Ubah, said two refineries – Port Harcourt...
Police to go after illegal PoS operators
The Federal Government has said mandatory registration of Point-of-Sales operators nationwide will reduce kidnapping and help security agencies arrest recipients...
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