Business Scene
CBN sets $100,000 minimum trade value for interbank FX transactions
The Central Bank of Nigeria (CBN) has mandated a minimum trade value of $100,000 for all interbank forex (FX) transactions...
Orthodox monetary policies helping to tackle inflation – Cardoso
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said the orthodox monetary policies introduced are helping to...
Volume of trade between Nigeria, China highest in Africa – Shettima
Vice President Kashim Shettima has expressed satisfaction with the continuous increase in the volume of trade between Nigeria and China....
NNPC counters fake news, says PH refinery producing at 70% capacity
NNPC counters fake news, says PH refinery producing at 70% capacityThe Nigerian National Petroleum Company Limited (NNPC Ltd) has countered...
CBN raises interest rate to 27.5%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday raised the Monetary Policy Rate (MPR),...
Tinubu not presenting 2025 budget Wednesday – NASS
Director of Information, Secretary, Research and Information (SR&I), National Assembly, Mr Bullah Bi-Allah, has clarified that President Bola Tinubu would...
After PH refinery’s revival, Tinubu orders NNPC to reactivate Kaduna, Warri refineries
President Bola Tinubu has extended his heartfelt congratulations to the Nigeria National Petroleum Company Limited (NNPCL) on the successful revitalization...
Tinubu says $1 trillion economy feasible
President Bola Tinubu on Monday said Nigeria is on track to becoming a $1 trillion economy by 2030. The president...
LCCI advocates full implementation of PIA
The Lagos Chamber of Commerce and Industry (LCCI) has called for the full deregulation and implementation of the Petroleum Industry...
States do not execute 40% of capital expenditure – Fitch
A new report by global credit ratings company, Fitch, has shown that state governments in Nigeria do not execute 40...