Business
BOI Distributes N22.89bn Among 29 Manufacturers
29 manufacturers have reportedly received N22.89 billion from the Bank of Industry (BOI). The funds are a portion…
Business
NNPC Targets 60% Reduction in Methane Emissions
In an effort to reach net-zero emissions by 2060, the Nigerian National Petroleum Company Limited has reiterated its…
Business
FG, NIYEEDEP Team Up to Provide Employment for 12 Million Young Nigerians
In order to address youth unemployment, poverty, and the associated effects on restlessness, radicalization, and insecurity, the Federal…
Business
Mele Kyari Highlights Importance of Blending for Refinery Product Specifications
According to Mr. Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC…
Business
Remilekun Dosumu Appointed Head of Media Buying, Control at PHD Nigeria
Remilekun Dosumu, a renowned marketing communications specialist, has been promoted to the role of Head of Media Buying…
Business
Report ATM Cash Shortages: CBN Shares Helpline
For the purpose of reporting issues with cash withdrawals at automated teller machines (ATMs) or over the counter,…
Business
Greenwich Merchant Bank Appoints Benson Ogundeji as CEO with CBN Approval
Benson Ogundeji has been appointed as Greenwich Merchant Bank's substantive managing director and CEO by the Central Bank…
Business
FG’s Electricity Subsidy Projected to Soar to N2.4 Trillion, NERC Reports
According to NERC, the Nigerian Electricity Regulatory Commission, the total amount of electricity subsidies for 2024 could reach…
Business
MultiChoice Wins Suit as Court Rejects NBC’s 2.5% Annual Revenue Demand
The Federal High Court in Abuja's Justice James Omotosho has invalidated Section 2(10)(b) of the National Broadcasting Code,…
Business
Christian Youth Forum Applauds Dangote Group’s Effort in Reducing Fuel Costs
For lowering the price of Premium Motor Spirit (PMS) from N990 to N970 per liter, the Dangote Group…
Business
Interest Rate Climbs to 27.5% as CBN’s MPC Increases It Again
The interest rate in Nigeria was hiked by 25 basis points from 27.25 percent in September 2024 to…
Business
Keyamo Asserts Control Over Bishop Oyedepo’s Private Jet
The Nigerian government has reaffirmed that private aircraft, especially those owned by prominent individuals like Bishop David Oyedepo,…