CBN Fixes $400m FX Backlog, Says Naira Grossly Undervalue

As part of its efforts to clear the remaining foreign exchange backlog to banks, the Central Bank of Nigeria (CBN) announced that it has...

$26bn Pass Through Binance Nigeria Illegally – Cardoso

According to Yemi Cardoso, governor of the Central Bank of Nigeria (CBN), over $26 billion in illegal transactions have gone via the cryptocurrency platform...

Stanbic IBTC Pension Managers Secures The Future With “Make Extraordinary Happen” Campaign

Take a minute to think back on how far you have come, all the work you put into excelling at your job or business:...

NNPC Aims to Eliminate Fuel Shortage within a Decade

The Nigerian National Petroleum Corporation Limited (NNPCL) has laid out an ambitious plan to eradicate the country's energy shortages within the next ten years,...

FG Raises Concerns Over Crude Shortage for Dangote and PH Refineries

The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has expressed apprehension regarding the availability of crude oil for newly inaugurated refineries in...

CBN Resumes Forex Sale to BDC Operators after Three-Year Hiatus

In a significant move, the Central Bank of Nigeria (CBN) has announced the resumption of foreign exchange sales to Bureau De Change (BDC) operators...

FG to Complete $700m OB3 Gas Pipeline Project in March after Eight Years

The Federal Government made a significant announcement on Tuesday, revealing that the long-awaited $700 million Obiafu/Obrikom/Oben gas pipeline, also known as OB3, is set...

Central Bank Raises Interest Rate to 22.75%

The Central Bank of Nigeria's Monetary Policy Committee has announced a significant increase in the benchmark interest rate, raising it by 400 basis points...

Ministry Announces Selection of Learning Community Managers for 3MTT Initiative

Following the announcement of the N1 billion partnership with IHS Nigeria to support the 3MTT Learning Community, the Federal Ministry of Communications, Innovation &...

Sahara Group Foundation Partners LSETF, IBILE Oil And Gas, Wecyclers, To Launch 7th Go-Recycling Hub In Ikorodu LCDA

In its ongoing commitment to fostering sustainable waste management across Lagos State, the Sahara Group Foundation has teamed up with the Lagos State Employment...

Stanbic IBTC Bank Rewards 70 Active Customers With N100,000 Each

Stanbic IBTC Bank, in its ongoing Reward4Saving Promo, rewarded 70 additional customers in the January draw, which brings the total number of beneficiaries to...

TotalEnergies, Shell, Chevron Commit To African Oil And Gas

Top IOCs are reaffirming their dedication to African oil and gas, which is encouraging for drilling contractors, service providers, and the sector as a...

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