President Bola Tinubu has assured Nigerians that his administration will continue investing in infrastructure and economic development until the benefits of its reforms are felt […]
Category: Economy
Naira strengthens to ₦1,369/$ at official market, gains ₦7
The naira appreciated by ₦7 against the United States dollar on Wednesday, closing at ₦1,369/$ in the Nigerian Foreign Exchange Market (NFEM). Data released by […]
CBN revokes licences of 46 microfinance ban
The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks across the country as part of efforts to strengthen regulation […]
BINANI AIR RECORDS A STRONG START AS IT MARKS 30 DAYS OF COMMERCIAL OPERATIONS
“We are not just flying aircraft, we are connecting dreams, opportunities, and people.” – Aminatu Dahiru Chiroma, Group President, BINANI AIR Thirty days ago, BINANI […]
Petrol War Fallout: NMDPRA, NUPRC Bosses Resign As Dangote’s Petition Rocks Sector
Nigeria’s petroleum sector was thrown into fresh uncertainty on Wednesday following the resignation of the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory […]
Dangote Petitions ICPC, Demands Arrest of NMDPRA Boss Over corruption allegations
The Chairman of Dangote Group, Aliko Dangote, has submitted a petition against the Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Ahmed […]
Southwest Rail Comeback: NRC Moves to Restore Two Forgotten Corridors
The Nigerian Railway Corporation is moving to revive two dormant rail corridors in the southwest, working with the Southwest Development Commission to bring the Osogbo–Dagbolu–Erunmu […]
Transparency or Nothing — NAICOM Warns Insurers in Ongoing Capital Verification
The National Insurance Commission has emphasized that transparency and integrity are non-negotiable in the ongoing Minimum Capital Requirement verification exercise for insurance companies. The position […]
FG Secures $2bn Fresh Investment as Power Reforms Begin to Shine — Adelabu
The Minister of Power, Adebayo Adelabu, has announced that the Federal Government has attracted over $2 billion dollars in new investments following major reforms in […]
CBN Governor assures Nigerians of monetary stability
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has assured Nigerians that the country’s monetary stability will soon translate into tangible economic benefits. […]