Eight Banks Surpass CBN’s Recapitalisation Target as MPC Retains Key Policy Rates
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has disclosed that eight deposit money banks have already...
NNPC Remits ₦6.96tn to Federation Account in Five Months, Posts ₦905bn June Profit
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has disclosed that it remitted a total of ₦6.96 trillion to the...
Nigeria Spends $600m Annually on Palm Oil Imports — Agriculture Minister
The Minister of Agriculture and Food Security, Abubakar Kyari, has disclosed that Nigeria spends over $600 million annually on palm...
Nigeria Loses $18bn Yearly to Illicit Financial Flows — FIRS Chairman
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, has revealed that Nigeria loses $18 billion...
SEC Targets $500bn Unlock Through Commodities, Warehouse Receipts Reform
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has revealed plans to unlock $500 billion in...
Reps Expose Massive Misappropriation in MDAs, Demand Probe Into ₦103.8bn, $950k
The House of Representatives has indicted 31 federal Ministries, Departments, and Agencies (MDAs) over financial irregularities amounting to over ₦103.8...
Global Stocks Surge as U.S.-Japan Trade Deal Boosts Market Confidence
Global stock markets rallied sharply on Wednesday following news of a landmark trade agreement between the United States and Japan,...
Oil Prices Rise Slightly After U.S.-Japan Trade Deal Boosts Sentiment
Oil prices edged higher in early Asian trade on Wednesday following three consecutive days of decline, supported by signs of...
SIFAX Shipping Launches Direct LCL Export to UK
In a groundbreaking move set to redefine outbound shipping from Nigeria, SIFAX Shipping Company Ltd. has launched direct Less-than-Container Load...
Shettima Urges Green Hydrogen Investment to Cut Fossil Fuel Dependence
Vice President Kashim Shettima has called for accelerated investment in Nigeria’s domestic green hydrogen industry as part of efforts to...
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