In a bid to offer Nigerians some relief as the holiday season approaches, Dangote Refinery has announced a reduction in the price of Premium Motor Spirit to N899.50 per
The Association of Senior Staff of Banks, Insurance, and Financial Institutions has attributed the worsening cash shortage across the country to the Central Bank of Nigeria’s inability to meet
The naira fell on Monday at both the official and black markets to 1670.75/$ and 1748/$, respectively, as the daily foreign exchange turnover in the official market dropped by
A former President Olusegun Obasanjo has blamed lack of continuity and policy somersault as one of the major hindrances to achieving food security in Africa and the continent’s overall
The House of Representatives has asked the Central Bank Of Nigeria (CBN) to make available more new notes of N200, N500 and N1,000 as well as begin a gradual
The Federal Ministry of Housing and Urban Development has declared a 60-day ultimatum for all Federal Certificate of Occupancy title owners to settle their debts, warning that failure to
The Federal Government has stopped the export of locally produced Liquefied Petroleum Gas, also known as cooking gas, to prioritise domestic supply. The measure announced by the Minister of
MTN Nigeria, the country’s largest telecom operator, has stressed the urgent need for the telecommunications sector to return to profitability to sustain its operations. The Chief Executive Officer of
The Federal Government said on Sunday that it had begun the implementation of electricity subsidies for public hospitals nationwide. This came as the Governor of Ogun State, Dapo Abiodun,
The World Bank has approved three new loan requests totalling $1.57bn in financing for Nigeria. According to a statement released on Monday, the approval is to support the Federal
