Federal Government Allocates N450bn for Major Power Boost in 2024
The Nigerian Bulk Electricity Trading Company’s budget analysis reveals that the Federal Government is gearing up to invest N450bn in
NNPCL Assures Stable Fuel Prices Amidst Growing Rumors
Fuel prices are set to remain steady as the Nigerian National Petroleum Company Limited (NNPCL), the exclusive importer of petrol,
Dangote Refinery Welcomes Fourth Million-Barrel Crude Shipment
The Dangote Petroleum Refinery reached a crucial milestone on Monday, marking the arrival of its fourth shipment, consisting of one
Power Distribution Companies Refute Rumors of Immediate Electricity Tariff Hike
In response to circulating reports, power distribution companies in Nigeria have vehemently denied any plans for an imminent electricity tariff
CBN Threatens Sanctions Against Banks and POS Operators Amid Naira Scarcity Concerns
Amid the ongoing Naira scarcity crisis, the Central Bank of Nigeria (CBN) issued a stern warning, indicating potential sanctions against
Kenya and EU Sign Transformative Trade Deal
Kenya and the European Union have formalized a landmark trade agreement aimed at bolstering trade between the regions. President William
IMF Chief Urges Bold Crypto Regulation for Global Financial Stability
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, stressed the imperative need for comprehensive cryptocurrency regulation to
CBN Addresses Cash Scarcity, Assures Public Amidst Hoarding Concerns
The Central Bank of Nigeria (CBN) has reiterated its commitment to resolving the reported cash scarcity in major cities across
Naira Devalues, Hits N1,260 per Dollar in Parallel Market as Disparity Widens
The Nigerian naira witnessed a decline in its value, reaching N1,260 per dollar in the parallel market, marking a drop