The U.S. Department of Energy has rejected the first batch of bids from oil companies to resupply a small amount of oil to the nation’s emergency...
The Nigeria Immigration Service and the Nigeria Correctional Service NCoS have each been granted N500 million each from the Abdul Samad Rabiu Initiative for Africa (ASR...
Zenith Bank is the latest Nigeria bank to suspend international transactions on Naira cards. Zenith Bank in a note to customer said “Dear Valued Customer, please...
The Nigeria Financial Intelligence Unit (NFIU) has warned the public and private entities against massive cash withdrawals. The Director and Chief Executive Officer of the agency,...
The Defence and Security sectors have been allocated N2.98 trillion or 13.4 per cent of the 2023 budget. Mrs Zainab Ahmed, the Minister of Finance, Budget...
The Federal Operations Unit, FOU Zone A of the Nigeria Customs Service, NCS yesterday said it impounded contraband goods with Duty Paid Value, DPV worth N13.9...
The Economic and Financial Crimes Commission has said that it secured a total of3,785 convictions across all its Commands in 2022. According to a statement by EFCC...
Africa’s biggest economy spent $7 billion towards a petrol subsidy between January and September 2022, state-owned firm NNPC said, a cost the government has blamed for...
Crude oil fell sharply after slumping in the previous session, weighed down by demand concerns stemming from the state of the global economy and rising COVID...
President Muhammadu Buhari has urged the National Assembly to reconsider its position on his proposal to securitise the Federal Government’s outstanding Ways and Means balance at...
In the first trading day of the year, the Nigerian equities opened on a bright note as the benchmark index gained 0.67% to close at 51,595.66 points...
The Managing Director, Edo State Skills Development Agency (EdoJobs), Mrs. Violet Obiokoro, has said loans disbursed by the state government and the Bank of Industry (BOI),...
Global insurers face a testing 2023 as reinsurers hike rates on key business lines by as much as 200% from Jan. 1 and pull back from...
This year is going to be tougher on the global economy than 2022, the International Monetary Fund’s chief, Kristalina Georgieva, has warned. “Why? Because the three...
The Debt Management Office (DMO) has announced its first bonds issuance for 2023, two Federal Government of Nigeria (FGN) Savings Bonds for subscription. According to a...