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Business & Economy
CBN launches new initiatives to drive financial inclusion
The Central Bank of Nigeria (CBN) on Tuesday launched three initiatives to drive financial inclusion in the country.
This was as part of the second edition of the International…
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FG Launches national assets register to address N39trn in liabilities
With an emphasis on determining the true value of the assets for fiscal planning, the federal government has started the process of carrying out an exhaustive assets inventory in order…
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FCCPC directs Ikeja, Eko DisCos to stop Unistar Meter installations
Ikeja Electric and Eko power Distribution Companies (DisCos) have been directed by the Federal Competition and Consumer Protection Commission (FCCPC) to stop installing Unistar prepaid…
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Pinnacle Oil & Gas: Commitment to quality fuels, no substandard products for Nigerians
Yesterday, Pinnacle Oil & Gas declared that it will never provide Nigerians with inferior petroleum products. Pinnacle Oil's remark was a direct response to a claim made by the…
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Nigerian Banks Navigate Economic Challenges with Bold Expansion
Despite the country's apparent economic difficulties, Nigerian banks have been seen to be performing admirably and are expected to double their profits by the end of the year.…
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Cocoa production in Nigeria projected to rise by 10% over high prices – Report
Due to higher cocoa prices on the global market over the past year, Nigeria's cocoa production is expected to rise by as much as 10%.
According to the AFEX 2024 wet season report,…
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NEITI: Solid minerals sector contributes over N1.1 Trn to government revenue
The Nigerian Extractive Industries Transparency Initiative (NEITI) indicated that Nigeria's solid minerals sector contributed N1.137 trillion to federal, state, and municipal…
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NSDC seeks investors to Nigeria’s $7bn sugar market
Local and international investors have been invited to take advantage of the expanding potential in Nigeria's sugar business by Kamar Bakrin, the executive secretary and CEO of the…
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Court halts CBN, Accountant-General from allocating funds to Rivers State
On Wednesday, the Federal High Court in Abuja issued an injunction prohibiting the Central Bank of Nigeria (CBN) from continuing to provide the administration of Rivers State with…
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Falana: It is illegal for NNPCL to fix price of Dangote petrol
Femi Falana, SAN, a lawyer who specializes in human rights, asserts that it is against the law for the Nigerian National Petroleum Company Limited, NNPCL, to establish the price of…
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