The nine oil-producing states shared a total of N341.59 billion from the federation account, through the 13 percent derivation formula, in the first half of 2024....
The Central Bank of Nigeria (CBN) says it sold foreign exchange (FX) to banks worth $876.26 million at N1,495 per dollar. The apex bank said the auction...
…launches Ekiti-Wema MSME empowerment programme for youth and businesses Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has partnered...
The Central Bank of Nigeria (CBN) on Tuesday announced the approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and...
Aviation authorities in Nigeria have grounded aircraft belonging to Arik Air over a controversial $2.5m debt. The Nigerian Airspace Management Agency (NAMA) on Tuesday said the...
The Central Bank of Nigeria (CBN) says it has sold foreign currencies worth $148 million in the Nigerian foreign exchange market (NFEM) to authorised dealer banks....
As an entrepreneur par excellence, Jubril Adewale Tinubu,CON, the Group Chief Executive, Oando Group, has an uncanny ability to spot new business opportunities and create...
The Corporate Affairs Commission (CAC) says it will delete names of companies that have not filed their annual reports in 10 years from its register....
The management of OANDO Plc has denied having any shares in a Maltese oil blending company that is reportedly behind the importation of adulterated petrol...
Aliko Dangote, chairman of Dangote Industries Limited, says petrol production was disrupted due to a fire incident that occurred at its refinery. On May...