The Group Chief Executive of the Nigerian National Petroleum Company Limited (NNPC) Limited, Melee Kyari, confirmed…
Category: Business/Economy
Buhari scrutinizes new revenue formula for onward transmission to National Assembly
The proposed new revenue formula is in the final stage of becoming a public document. As…
Naira gains over dollar across forex market windows
The national currency – Naira – on Thursday, outperformed the US dollar across all segments of…
Court orders CBN to freeze Polaris Bank account
An Ondo State High Court has granted a ganishee order directing the Central Bank of Nigeria(CBN) to freeze…
CBN threatens to sanction banks for hoarding new Naira notes
The Central Bank of Nigeria (CBN) has threatened to sanction any commercial bank hoarding the new…
Old Naira notes will cease to be legal tender Feb 1, CBN insists
Amid concerns about the scarcity of new naira notes, the Central Bank of Nigeria (CBN) has…
NMDPRA seals 14 petrol stations in Akwa Ibom
…For selling product above approved pump price The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA)…
CBN bans over-the-counter withdrawal of new Naira notes
The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks stop paying out the new…
Amnesty programme boss Ndiomu faults pipeline surveillance contract awarded Tompolo
Major General Barry Ndiomu (rtd) has faulted the surveillance contract awarded to Tantita SSNL, a privately-owned company…
NAFDAC procures fake drug detector machines worth $2.45m
As part of her first major assignment in office, after reappointment on December 1, 2022 for…