News
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No plans for gas price hike –NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has ruled out the possibility of gas price hike, saying it…
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Nigeria’s Headline Inflation Increases by 28.92% YoY in December 2023 as Food Inflation Rises by 33.93%
All Items Index In December 2023, the headline inflation rate increased to 28.92% relative to the November 2023 headline inflation…
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Economist Projects Nigeria’s Economy to Grow at 3.47% in 2024
Nigeria’s economy has been projected to grow at 3.47% in 2024. Dr Biodun Adedipe, an economist and Chief Consultant at…
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Unity Bank Customer Wins N1m in CashToken Rewards Promo
A Unity Bank customer, Mr. Musa Dayyabu, has emerged winner of One Million Naira in the ongoing cash reward Promo by Unity…
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FG Reassigns 40% Shareholding in 11 Electricity Discos From BPE to MOFI
Through the Ministry of Finance, the Federal Government of Nigeria has reassigned 40% of its shareholding in the 11 electricity…
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Dangote Petroleum Refinery Commences Production of Diesel and Aviation Fuel
Dangote Petroleum Refinery has commenced production of diesel and aviation fuel. President of Dangote Group, Alhaji Aliko Dangote, elatedly thanked…
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BREAKING: N585million Fraud: President Tinubu Suspends N-Power, School Feeding, Other Social Investment Programmes
January 12, 2024This was made known in a statement issued on Friday by the Director of Information, Secretary to the…
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Nigerian Banking Sector 2024 Full Year Outlook – On the Cusp of a New Dawn
Banking earnings touched new highs in 9M’23, aided by material revaluation gains driven by the policy reforms on FX management…
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BVN registration reaches 60.2m as January 31st deadline nearsBVN
Twenty-one days to the expiration of the Central Bank of Nigeria, CBN, deadline for all bank customers to have Bank…
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Audu: FG to Probe Ajaokuta Steel Coy’s N33bn Electricity Indebtedness to TCN
* To set up committee on $5bn new steel plant site The Federal Government will investigate why the obsolete Ajaokuta…
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