Nigeria Seeks $1.5 Billion Aid from World Bank to Alleviate Naira’s Decline
In a bid to address the severe dollar shortage affecting the naira, Nigeria is actively pursuing a $1.5 billion aid
National Assembly Increases Ministry of Works Budget to N1.03tn
The National Assembly has increased the budget allocation for the Ministry of Works from N657.3bn to a whopping N1.03tn. This
CBN Elect New Executives To Take the Helm at Union, Keystone, and Polaris Banks
The Central Bank of Nigeria (CBN) has appointed new executive officers to Union Bank, Keystone Bank, and Polaris Bank, following
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