Business Scene
FAAC: FG, states, LGs share N1.411 trillion for October
The Federation Accounts Allocation Committee (FAAC), has shared N1.411 trillion among the Federal Government, States and Local Government Councils (LGCs) for...
Dangote refinery begins petrol expert to West Africa countries
The Dangote Petroleum Refinery has begun the export of refined petroleum products to neighbouring West African countries. A report by...
Price of cooking gas rose by 58.68% in one year – NBS
The National Bureau of Statistics (NBS) has said the price of cooking gas rose by 58.68% from N10,545.87 in October...
CBN warns bank customers against use of fake Swift messages for FX transfers
The Central Bank of Nigeria (CBN) has cautioned bank customers against the use of fake SWIFT messages during foreign exchange...
Naira appreciates by 0.67% against dollar at official market
The Naira appreciated on Tuesday at the official market, trading at N1,678.93 against the dollar and recovering from a three-day...
NCAA says airlines to pay $170, N10,000 fines for passenger luggage delay
The Nigeria Civil Aviation Authority (NCAA) has said it will impose fines of $170 and N10,000 on foreign and local...
Tinubu seeks approval for fresh $2.2 billion loan
President Bola Tinubu, on Tuesday, wrote to the National Assembly seeking its approval for a $2.2 billion loan. The president...
Lagos, Rivers, Oyo get over 70% of all VAT — Adedeji
Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has disclosed that Lagos and Rivers states as well as...
CBN alerts Nigerians: Beware of fraudulent contracts, intervention schemes
The Central Bank of Nigeria (CBN) has warned Nigerians about the activities of fraudsters falsely claiming to possess award letters...
2025 budget: LCCI says N1,400 FX rate projection unrealistic
The Lagos Chamber of Commerce and Industry (LCCI) has stated that the N1,400 foreign exchange rate (FX) projection in the...