Business & Economy
BUA, Dangote rivalry yields another refinery for Nigeria; to be sited Akwa Ibom
The rivalry between Aliko Dangote, Chairman, Dangote Group, and Abdulsamad Rabiu, Group Chairman/CEO, BUA Group, has yielded another refinery being...
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2024 budget: Current market dynamics favour projected crude oil output, benchmark price, says Kyari
Prevailing dynamics an sentiments in the international crude oil market favour the projected crude oil production and price benchmarks in...
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Labour faults planned restructuring of TCN, sale of govt. equity in DISCOs
The plan by the Federal Government to restructure the Transmission Company of Nigeria (TCN) could spell doom for the nation’s...
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NSIA hands over completed 2nd Niger Bridge to Nigerian govt.
After completing the construction of the multi-billion Naira second Niger Bridge, Nigeria Sovereign Investment Authority (NSIA) says it recently performed...
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Amid reports of decline in total qualifying capital, CBN insists Nigerian banks remain resilient
Despite a decline in the total qualifying capital of the nation’s 24 commercial banks relative to the increase in risk...
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CBN suspends payment of processing fees on cash deposits by bank customers
Effective immediately and until April 2024 ending, cash deposits by customers in commercial banks will henceforth not attract processing fees,...
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COP28: IMF raises $100bn funding to provide loans to low-income countries to fight poverty, others
The International Monetary Fund (IMF) has successfully raised over $100 billion in new financing from its buoyant advanced economies for...
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The Governments of France, Japan, Spain and the UK together with Brazil have supported calls for the International Monetary Fund...
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CBN warns Nigerians to beware of counterfeit Naira banknotes in circulation
Nigerians should beware of counterfeit banknotes in circulation, the Central Bank of Nigeria (CBN) has warned. The apex bank said in...
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Tinubu reconstitutes NCDMB, privatisation council The governing board and management of the Nigerian Content Development and Monitoring Board (NCDMB) has...
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