Latest News

Banks Borrow ₦9.2tr from CBN to Fund Operations

Nigerian Deposit Money banks accessed more than N9 trillion to fund operations as the liquidity shortage bit last week. The financial system...

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Foreign News

Asian Stocks Give Up Tariff-Led Gains, China Drags

Chinese shares led losses in Asia, with regional markets struggling to build on the risk-on momentum driven by earlier bets of less...

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Industry & Money

Dangote Refinery, Others May Import $1.4b Crude Monthly

The Dangote Petroleum Refinery and some modular refineries in Nigeria may spend about $8.56bn to import an estimated 122,400,000 barrels of crude...

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Industry & Money

Local Demand Suffers as Nigeria Exports 86% of Oil Output, 36% of Gas

The federal government’s ambition of industrialising the country may remain a pipedream, as it continues to export most of the country’s fossil...

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Business News

Oil Marketers Rule Out Sale of Petrol in Dollars

The Petroleum Retail Outlet Owners Association of Nigeria (PETROAN) has ruled out the possibility of sale of Premium Motor Spirits (PMS), also known...

13

Business News

Nigeria to Halt Importation of Solar Panels –FG

The federal government has announced plans to stop the importation of solar panels as part of efforts to boost local production and drive...

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Professional Service

FG Clamps Down on Fake NIN Card Producers

The Federal Government has launched a crackdown on individuals and organizations involved in the unauthorised printing of National Identification Number cards, warning...