Business & Economy
CBN Reports All-Time High Remittance Inflows of $553M for July 2024
The Central Bank of Nigeria (CBN) on Tuesday reported a significant increase in remittance inflows of $553 million in July...
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NCDMB, NLNG Commission Galvanising Plant for Train 7 Project
The galvanising plant for the Nigeria LNG Limited (NLNG) Train 7 Project has been commissioned. Constructed by Daewoo Engineering Nigeria...
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Our operations consistently in compliance with regulatory standards, says Matrix Energy Group
Matrix Energy Group says its operations are consistently in compliance with set regulatory standards. Reacting to allegations about the discharge...
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NNPC posts N3.3trn profit in 2023 Audited Financials; pledges sustained profitability, attainment of national energy security
The NNPC Limited on Monday announced a net profit of N3.297 trillion in its 2023 Audited Financial Statement (AFS) for...
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Innovative EITI imlementation: NEITI sets the pace; To Unveil First Extractive Industries Data Centre
The Nigeria Extractive Industry Transparency Initiative (NEITI) is set to unveil the first multi-million Naira extractive industries data centre. The...
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NNPC Ltd introduces Utapate Crude Oil Grade into international market
The NNPC Ltd has announced the introduction of another crude oil blend into the international crude oil market. It is...
Read moreCBN auctions $876m; reaffirms commitment to sustain liquidity in FX markets
The Central Bank of Nigeria (CBN) on Wednesday offered $876million to meet the bids submitted by customers at the foreign...
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Family Homes Funds Board charged to provide affordable homes for low-income earners
The Federal Government on Wednesday charged the Board of the Family Homes Funds Limited to adopt strategies towards providing affordable...
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Payment of FOREX windfall levy by banks will boost Nigeria’s tax revenue, says OAU don
The policy for banks to pay a levy of FOREX windfall has generated some debate in the polity as the...
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Despite challenges, Nigeria remains Africa’s leading crude oil producer, says NUPRC
Despite several industry challenges, including crude oil theft and pipeline vandalism, Nigeria has continued to dominate as Africa's largest producer...
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