Nigeria’s Central Bank (CBN) has reinstated Jimoh Musa Itopa, a director in the Payments System Management Department (PSMD). His return signals a significant leadership change in the crucial departme...
The Federation Accounts Allocation Committee (FAAC) disbursed an unprecedented N15.26 trillion to federal, states and local governments in 2024, representing a historic high in revenue distribution an...
As presently constituted, oil marketers in Nigeria are currently required to pay N797.66 per liter for the landing cost of fuel, despite efforts by oil merchants to buy less fuel so as to minimize los...
The acquisition, announced in a blog post on Tuesday, will see Wiz integrated into Google Cloud once the transaction is finalised. Google said the acquisition is a strategic move to strength...
Over 400 filling stations of independent oil marketers located at border communities have remained shut since 2019 based on the Federal Government’s directive to halt the smuggling of petrol out of Ni...
Oando Plc has announced that its trading subsidiary, Oando Trading, has been formally selected as the preferred bidder for the lease of Guaracara Refining Company Limited (GRC)’s refinery assets ...
Two months after suspending flight operations due to a tyre burst incident involving one of its aircraft at the Mallam Amunu Kano International Airport (MAKIA), Kano, Max Air is set to resume flight o...
Nigeria’s inflation rate eased for the second consecutive month in February, raising hopes that price pressures may have peaked and could continue to moderate in the coming months. The National Bureau...
Transnational Corporation Plc (Transcorp) has delivered a highly improved financial performance for the year ended December 31, 2024, reinforcing its position as one of Nigeria’s most formidable cong...
Economic experts have remained optimistic about Nigeria’s economic outlook for 2025, projecting growth rates averaging four per cent, even as they expect inflation to decrease, potentially below 30 pe...
