Key roles were outlined for stakeholders, including the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), and the Central Bank of Nigeria (CBN).
Updated : 9th September 2024 08:04 AMKey roles were outlined for stakeholders, including the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), and the Central Bank of Nigeria (CBN).
Updated : 9th September 2024 08:04 AMA bag of Okro which was sold at N50,000 within the period under review, now goes for N25,000.
Updated : 8th September 2024 09:27 PMIt revealed that over a third of African nations are either in or at high risk of debt distress.
Updated : 9th September 2024 08:04 AMIn 2007, the foreign firm signed a contract with the Ogun State government to manage a free-trade zone but the contract was revoked by the state government in 2015.
Updated : 9th September 2024 12:58 AMThe hike in electricity tariff made headlines earlier in the year when the government said it would stop subsidising power for some customers.
Updated : 9th September 2024 08:05 AMThe Minister said it will assist in monitoring activities at mining sites and consequently bolster our capacity to effectively secure the mining environment.
Updated : 8th September 2024 06:14 PMGross Domestic Product expands by 0.7 percent in the first quarter of 2024.
Updated : 8th September 2024 08:06 PMAs of April, Nigeria’s inflation rate had risen to 33.69 per cent.
Updated : 9th September 2024 08:05 AMThe Association of Tourist Boat Operators and Water Transport of Nigeria urged the state government to privatise jetties across the state for proper management and operations.
Updated : 9th September 2024 08:00 AMThe development marked the removal of subsidy from the tariff of customers in the Band A category, who constituted about 15 per cent of the total 12.82 million power consumers across the country.
Updated : 8th September 2024 06:59 PMThe committee therefore added that the persistent absence of the cement manufacturers who the Committee had summoned twice, is an affront to the powers of the National Assembly as enshrined in section 88 of the 1999 Constitution.
Updated : 8th September 2024 02:35 PMThe Union says the Federal Government's proposed N48,000 falls significantly short of meeting the needs and aspirations of its memebers.
Updated : 9th September 2024 01:37 AMPhone dealers gang up and overpowered the unidentified soldiers, which lead to the takeover.
Updated : 9th September 2024 09:23 AMThe Committee says the levy is provided for in the Cybercrimes (Prohibition, Prevention, etc) (Amendment) Act, 2024.
Updated : 7th September 2024 11:50 AMThis move aligns with global efforts to standardise cryptocurrency regulations and prevent illicit activities.
Updated : 9th September 2024 04:53 PMThe development came against the backdrop of the recent moves by the Federal Government to regulate Nigeria’s crypto market estimated at $57bn.
Updated : 9th September 2024 10:34 AMThe association says it is already in touch with its legal team over available legal remedies, in the event of unfavourable responses from the government.
Updated : 8th September 2024 04:51 PMOn April 23, the Federal High Court Abuja after listening to the arguments between the prosecution counsel and that of Gambaryan fixed May 17 to rule on his request.
Updated : 9th September 2024 09:30 AMPresident Von der Leyen made this known during a joint press conference with Lebanese Prime Minister Najib Mikati and Cypriot President Nikos Christodoulides in Beirut.
Updated : 9th September 2024 11:49 AMThe Fed said it does not expect to lower rates until it has greater confidence that inflation is moving sustainably towards its target.
Updated : 8th September 2024 01:25 PMLast week, Africa’s richest man and the owner of the refinery, Aliko Dangote, said Nigerians should expect a drop in inflation.
Updated : 8th September 2024 02:41 PMThe development comes following the fund’s 2023 prediction, that the country’s inflation rate for 2025 would slow to 15.5 per cent by 2025.
Updated : 9th September 2024 10:57 AMHe also maintained that the bail documents must be transferred to the special offences court and registered in the LSBMS.
Updated : 9th September 2024 02:10 AMDuring the review period, 53 illegal pipeline connections and 36 illegal refineries were uncovered in the Niger Delta.
Updated : 9th September 2024 09:46 AMAreas affected include Dosumu, Nnamdi Azikwe, Moshalashi, Woro Pedro, Obanikoro. Others are Ago Tawa, Idumagbo Avenue, Idumagbo, Ido-Oluwo and Oju Olobun.
Updated : 9th September 2024 08:05 AMEFCC alleged that Emefiele abused his office between 2022 and 2023 in Lagos.
Updated : 9th September 2024 08:18 AMZimbabweans have 21 days to convert their old cash into new money.
Updated : 9th September 2024 08:16 AMUS Treasury Secretary Janet Yellen raises American concerns about the impact of China’s “industrial overcapacity” on the global market as she meets with the governor of the southern Chinese city of Guangdong, Wang Weizhong.
Updated : 8th September 2024 03:27 PMThe second defendant, Mark Mordi, says that his client was not an agent, director or representative of the company in the country and as such could not be serve on behalf of the first defeandant.
Updated : 9th September 2024 09:36 AMThe Economic and Financial Crimes Commission will arraign Binance Holdings Limited, Gambaryan, and Anjarwalla on Thursday on charges of $35,400,000 money laundering.
Updated : 9th September 2024 09:16 AMThe announcement was signed by the Chief Executive, NMDPRA, Farouk Ahmed.
Updated : 9th September 2024 10:43 AMThe reveiw by NBS focuses on energy billed, revenue generated, and customers by DISCOS under the reviewed period.
Updated : 9th September 2024 11:24 AMReports have it that Nigeria loses trillions of naira to crude oil theft and pipeline vandalism annually, a development that made the government consider virtual means of transporting the commodity.
Updated : 9th September 2024 11:08 AMReporters who visiited two locations in Eti-Osa Local Government Area of the state, revealed that shoppers were trooping to buy food items at discounted prices.
Updated : 9th September 2024 11:43 AMThe apex bank also increased capital requirements for banks with regional licences from N15 billion to N50 billion, and those with international licences from N100 billion to N500 billion.
Updated : 9th September 2024 10:32 AMCases of data privacy breaches have become prevalent in recent times due to the proliferation of digital lending platforms.
Updated : 9th September 2024 08:41 AMReports have it that authorities are also working to unravel his intended destination to get him back into custody.
Updated : 9th September 2024 09:51 AMKamba is a strategic border with a major share in Kebbi State revenue generation.
Updated : 8th September 2024 07:14 PMFG expresses optimism that this transition could lead to more effective, efficient, and possibly cheaper rail services for Nigerians, especially in the wake of the recent removal of fuel subsidies.
Updated : 8th September 2024 03:46 PMThe lawmaker lamented the absence of the top government officials to explain their role in the concession of the seaport terminals.
Updated : 9th September 2024 11:07 AMOn Monday, the executives of the foreign firm were expected to appear before the House Committee on Financial Crimes but they instead sent their lawyers to represent them.
Updated : 9th September 2024 11:15 AMTouray had in November, urged West African states to safeguard democracy and to restore the region as the bastion of democracy in Africa.
Updated : 9th September 2024 10:03 AMDeputy Director Operations, Directorate of Road Traffic Services, Mrs Deborah Osho, says motorists and BDC operators cause gridlock in the area.
Updated : 9th September 2024 10:43 AMBusinesses move to maintain operations following subsidy removal
Updated : 9th September 2024 03:55 PMIt revealed that the total number of boxes installed in 2022 was 836,731, indicating a decline of 0.08 percent from 837,428 recorded in 2021.
Updated : 9th September 2024 10:09 AMTinubu woos Indian businessmen to Nigeria
Updated : 9th September 2024 08:28 AMUMG, Deezer target fourth quarter 2023 for start of deal
Updated : 9th September 2024 09:16 AMThe China Foreign Exchange Trade System revealed that Yuan weakened against Dollar on Wednesday.
Updated : 9th September 2024 11:55 AMIndustrialists react to palliative measures to Manufacturing sector by the Nigerian Government
Updated : 9th September 2024 09:40 AMLagos Governor Sanwo-olu and other passengers were first set of passengers as Lagos Rail began commercial operations
Updated : 9th September 2024 11:43 AMMalam Nuhu Ribadu talked about how Nigeria keeps losing crude oil to thieves daily.
Updated : 8th September 2024 03:26 PMNaira again depreciated at the Investors and Exporters window.
Updated : 9th September 2024 09:03 AMVice President, Kashim Shettima reiterated Nigeria's commitment to collaborating with African countries and China.
Updated : 9th September 2024 05:05 PMGreek PM Mitsotakis welcomed Indian counterpart Modi on official visit.
Updated : 9th September 2024 12:06 PMYuan, strengthened 102 to 7.1886 against the dollar on Thursday
Updated : 9th September 2024 09:22 AMChina condemned Japan's 'unilaterally and forcibly' release of wastewater.
Updated : 9th September 2024 10:04 AMUK Inflation rate dropped to 6.8% in July from June 7.9%
Updated : 9th September 2024 10:38 AMFederal Government distributed relief materials to Livestock Farmers In Kaduna. The farmers were affected by natural disaster in 2022.
Updated : 9th September 2024 09:02 AMInflation rate in Nigeria increased to 24.08% in July fuels by high exchange rate, high fuel price
Updated : 9th September 2024 09:09 AMCBN announced new measures that would help strengthen the Naira.
Updated : 9th September 2024 09:28 AMThe figure was boosted by improved consumer sentiment towards purchases
Updated : 9th September 2024 08:52 AMNigerians want government to address High exchange rate, open nation’s borders
Updated : 9th September 2024 11:51 AMNNPC, NIPCO promised to provide cheap alternative fuel to motorists.
Updated : 9th September 2024 12:16 PMChina agreed on a deal with Australia.
Updated : 9th September 2024 09:50 AMLagos residents speak on palliative measures announced by government
Updated : 9th September 2024 09:44 AMFederal Government has announced the distribution of farm inputs to farmers.
Updated : 9th September 2024 11:44 AMThe China Foreign Exchange Trade System revealed that Yuan strengthened against Dollar on Tuesday.
Updated : 9th September 2024 09:56 AMNaira Appreciates, Exchanges At N756.94 At Investors, Exporters Window.
Updated : 9th September 2024 12:25 PMCBN revealed the state of the Naira.
Updated : 9th September 2024 11:10 AMInvestigation has begun over the missing funds from Kano Agriculture Supply Company.
Updated : 9th September 2024 09:14 AMThe Acting Comptroller General NIS, Caroline Adepoju during a visit to the Akwa Ibom command of the service said there is need to secure the nation's borders
Updated : 9th September 2024 11:47 AMNaira again appreciated against the dollar on Wednesday.
Updated : 9th September 2024 10:21 AMNaira again appreciates against the dollar on Tuesday
Updated : 9th September 2024 08:25 AMGov. Babajide Sanwo-Olu said the planned Badagry Port might be ready by 2025.
Updated : 9th September 2024 10:27 AMThe telecom group plans to cut up to 2000 jobs
Updated : 9th September 2024 08:51 AMThe consumer goods giant PAT increased to 3.54 billion euros in the first 6 months of the year.
Updated : 9th September 2024 11:09 AMMusk rebrands Twitter, plans platform to move into payment, banking and commerce later.
Updated : 9th September 2024 03:49 PMIrish airline records €170m in second Quarter
Updated : 9th September 2024 11:32 AMRussian Central Bank has hiked interest rate to address weakening Ruble
Updated : 9th September 2024 05:12 PMPresident Macron has Demanded 'Sound Answers' After Riots Shook France.
Updated : 9th September 2024 11:22 AMSwedish automaker predicts double-digit sales for 2023 despite high inflation and rising interest rates
Updated : 9th September 2024 09:59 AMThe Nigerian Government, has revealed plans to roll out sanctions against defaulting members of trade associations in a bid to stem high cost of food.
Updated : 8th September 2024 07:27 PMNNPCL Boss gives reasons for increase in pump price of petrol
Updated : 9th September 2024 10:28 AMFuel price adjusted to 617/ litre at NNPCL filling Stations
Updated : 9th September 2024 09:51 AMNigerian Export Promotion Council has said Nigeria’s non-oil sector recorded a slight decrease in the exports valu
Updated : 9th September 2024 10:35 AMThe Association of Mobile Money and Bank Agents in Nigeria claims that the current economic climate has not made them rethink their intentions to implement the new framework beginning next Monday.
Updated : 9th September 2024 09:50 AMNaira on Friday depreciated against the dollar.
Updated : 9th September 2024 10:55 AMChina has revealed that Germany’s approach with China, would increase risk.
Updated : 9th September 2024 09:13 AMMore than one million public sector workers, including teachers, police and doctors, have been offered pay rises of between 5%-7%, the government says.
Updated : 9th September 2024 08:56 AMAdditionally, CBN has mandated that in ascertaining the rate for such a naira payout, the foreign exchange rate from the investors and exporters (I&E) window be used.
Updated : 9th September 2024 08:05 AMPakistan has reached a staff-level agreement with the International Monetary Fund.
Updated : 9th September 2024 09:24 AMSri Lanka's central bank unveils a far-reaching debt restructuring plan.
Updated : 9th September 2024 08:41 AMCBN orders Deposit Money Banks to remove the rate cap on the naira.
Updated : 9th September 2024 08:44 AMDepartment of State Services Says Emefiele In Custody
Updated : 9th September 2024 09:10 AMCBN Governor To Step Aside For Probe Of Office
Updated : 9th September 2024 11:02 AMNigeria's Fuel Price Increment Will Significantly Affect Country's Expanding Gig Economy And Remote Work Sector
Updated : 9th September 2024 10:28 AMUnited Kingdom Food Prices Sweeps Forward At A Higher Rate.
Updated : 9th September 2024 09:34 AMWhatsApp Finally Rolls Out A Much-Requested Feature To Edit Messages After Sending Them
Updated : 9th September 2024 12:08 PMThe NCC Introduces Harmonised Shortcodes To Ease Service Delivery For Over 200 Million Telecom Customers In Nigeria
Updated : 9th September 2024 09:19 AMApproved Harmonised Short Codes, HSC, Comes Into Effect As Telcos Begin Adoption.
Updated : 9th September 2024 05:07 PMThe CBN Releases More Money Into The Economy As Nigerians Begin To See Some Changes
Updated : 9th September 2024 10:39 AMSaudi Aramco Records Profit For 2022.
Updated : 9th September 2024 11:03 AMUS Regulators Have Shut Down Silicon Valley Bank.
Updated : 9th September 2024 11:19 AMNigeria’s Crude Oil Sales Rose By 46.41 Per Cent.
Updated : 9th September 2024 11:19 AM