Business

Did FG Direct NNPCL To Stop Refinery Operations? – Minister Provides Answer

The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has clarified that he did not instruct the Nigerian National Petroleum Company Limited (NNPCL)...

New Exchange Rate Emerge As Naira Gains Massively Against Dollar At Official Market

The Naira appreciated by N73.39 at the official market on Tuesday, trading at N1,561.76 to the dollar, according to data from the FMDQ Exchange. This...

FG’s FDI Revenue Drops To $29.83m – NBS

Foreign Direct Investment (FDI) into Nigeria dropped significantly in the second quarter of 2024, with the Federal Government’s revenue from FDI falling to $29.83...

CBN Speaks On Deposits In Nigerian Banks That Are Safe

The Central Bank of Nigeria (CBN) has urged Nigerians not to panic, emphasizing that it has implemented policies to secure all deposits in financial...

Nigerian Customs Acquires Aircraft, Gives Reason

The Nigeria Customs Service (NCS) has acquired a Cessna Grand Caravan EX-208B aircraft to enhance its air patrol and surveillance capabilities. Comptroller-General Adewale Adeniyi announced...

What Will Happen As Nigeria Officially Commences Crude Oil Sales In Naira

The Federal Government has officially begun selling crude oil and refined petroleum products in naira, as announced by the Ministry of Finance. On Saturday, the...
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