CBN retains Nigeria’s interest at 27.50%
The Central Bank of Nigeria Monetary Policy Committee has retained the country’s interest rate at 27.50 percent.The governor of CBN, Olayemi Cardoso, disclosed...
Business & Money · Page 66
CBN dismisses claims on Fidelity Bank bankruptcy
The Central Bank of Nigeria has dismissed bankruptcy claims making the rounds on social media about a Nigerian bank, Fidelity.In a statement on Monday by the ap...
Missing N500bn: Transparency International blames Tinubu, Buhari, Obasanjo
Transparency International Nigeria has blamed President Bola Ahmed Tinubu and his predecessors, Muhammadu Buhari and Olusegun Obasanjo for the years of unaccoun...
Dangote refinery commits to petrol price stability, reduction in Nigeria
Dangote Petroleum Refinery & Petrochemicals has reaffirmed its commitment to premium motor spirit price stability despite the fluctuations in global crude oil p...
Naira appreciates massively against dollar in black market
The naira appreciated massively against the dollar at the parallel foreign exchange market on Monday.A Bureau de Change operator at Wuse Zone 4, Abubakar Alhasa...
Intervene in delays over Port Harcourt, Warri, Kaduna refineries revamps – PETROAN tells Tinubu
The Petroleum Products Retail Outlets Owners Association of Nigeria has called on President Bola Ahmed Tinubu to intervene in the delays in the rehabilitation o...
Fidelity Bank seeks Supreme Court judgement interpretation, condemns malicious publication
Fidelity Bank has applied for the interpretation of a Supreme Court judgement on a legacy transaction between the defunct FSB International Bank and Sagecom Con...
CBN decides on inflation, interest, naira exchange rates as MPC meeting begins
The Central Bank of Nigeria’s Monetary Policy Committee’s two-day meeting begins on Monday through Tuesday, May 19th and 20th, 2025.MPC, CBN’s highest decision-...
Port Harcourt, Warri refineries: Confusion over Kyari’s probe
There is palpable confusion over the probe of Mele Kyari, the former Group Chief Executive Officer of the Nigerian National Petroleum Company Limited.This comes...
Naira depreciates against dollar in black market
The naira depreciated against the dollar at the parallel foreign exchange market toend the weekon a negative note.A Bureau de Change operator in Wuse Zone 4, Ab...
Nigeria gaining global traction in oil, gas investment – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has said that the country is attracting renewed global attention as a hotspot for oil and gas inve...
Nigeria attracted $300m investment commitment in creative sector — Minister
Nigeria’s Minister of Art, Culture and Creative Economy, Hannatu Musawa, said the country attracted a $300 million investment commitment in the creative sector....