In response to recent media coverage suggesting that certain licensed commercial banks in Nigeria have fallen short of the Central Bank of Nigeria’s (CBN) Capital
Category: Business & Economy
Tinubu envisions increased investments as Shell group affirms commitment
President Bola Tinubu conveyed his optimism regarding the heightened potential for increased investments from the Shell Petroleum Development Company of Nigeria (SPDC) during a meeting
CBN Governor Cardoso, approve reviewed service charter
In a significant move aimed at promoting the ease of doing business in Nigeria, Mr. Olayemi Cardoso, the Governor of the Central Bank of Nigeria
House of Reps committee on customs launches seven-point agenda on revenue, others
The Committee on Customs and Excise of the House of Representatives has been inaugurated, with the Chairman, Hon. Leke Abejide, reeling out the items on
At COP28 : NNPC secures groundbreaking LNG deals for domestic and international markets
In a momentous development at the 28th Conference of the Parties (COP28) in Dubai, the Nigerian National Petroleum Corporation Limited (NNPC Ltd.) has successfully inked
Major resolutions of Intels service boat contract in the overriding national interest
— The Agreement culminated in the waiver of $193,317,556 interest owed by Intels Nigeria Limited. — $100,000,000 waiver on accrued interest as of 31st July,
OPEC caps Nigeria’s 2024 oil output at 1.5 million barrels/day; Ambassador Aduda appointed alternate chair of OPEC board
In a significant development following the 36th OPEC and Non-OPEC Ministerial Meeting held in Vienna, Austria, Nigeria’s crude oil production for the year 2024 has
Private Sector: Shettima underscores cornerstone role in Nigerian governance
In a significant address on Thursday, Vice President Kashim Shettima underscored the pivotal role played by the private sector in constituting an integral part of
CBN Directs banks to extend acceptance of old and redesigned Naira banknotes Indefinitely
In response to the recent Supreme Court order dated November 29, 2023, which acceded to the request of the Minister of Justice and Attorney-General of
FG to invest $1.1 billion in rehabilitating aging port infrastructure for enhanced efficiency
In a strategic move to bolster the operational efficiency of key ports across the nation, the Federal Government, through the Nigerian Ports Authority (@nigerianports), has
