Business
CBN hikes interest rate to 27.5%, cites surging inflation
The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) to 27.50 per cent from 27.25 per cent as part of...
Business
Port Harcourt refinery commences crude oil processing
The Port Harcourt Refining Company (PHRC) Ltd in Rivers State has commenced crude oil processing.
This is according to the Chief Corporate Communications Officer of...
Business
More borrowing needed despite improved revenue by some agencies, Edun tells senate
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says the Nigerian government needs more borrowings to fund its budget even...
Business
States tackle NNPCL over extra N1tn subsidy payment
The Nigerian National Petroleum Company Limited has requested an additional subsidy refund of N1.19 trillion for July 2024, citing exchange rate differentials on Premium...
Business
Nigeria’s GDP grew by 3.46% in Q3 2024_NBS
Nigeria’ Gross Domestic Product (GDP) has grown by 3.46 per cent in real terms in the third quarter (Q3) of 2024 on a year-on-year...
Business
Dangote refinery reduces petrol price for marketers #970
The Dangote Petroleum Refinery on Sunday announced a reduction in its price of the Premium Motor Spirit (PMS), also known as petrol, to ₦970...
Business
FG assures no mass layoffs of workers with degrees from Benin and Togo, easing growing concerns.
Some federal civil servants at the weekend were gripped with fear over the security of their jobs following claims that the government has started...
Agriculture
21 states enroll for AfDB N850bn agric scheme
The African Development Bank has onboarded 21 states for the second phase of its Special Agro-Industrial Processing Zones Programme.
The Imo State Governor, Hope Uzodinma,...