CBN Orders Banks To Sell Excess Dollars In 24 Hours
Amid its fresh moves to stabilise the nation’s volatile exchange rate, the Central Bank of Nigeria has ordered Deposit Money...
Nigerian Bank Appoints Femi Otedola As Board Chairman
The First Bank of Nigeria (FBN) Holdings has appointed billionaire businessman Femi Otedola as the new chairman of its board...
TotalEnergies Marketing Exceeds Q4 Revenue Projection
TotalEnergies Marketing Nigeria Plc posted a better-than-expected result in the fourth quarter of 2023, exceeding its revenue and profit projections....
CBN Pays Additional $64.44m Verified Forex Claims By Airlines
The Central Bank of Nigeria (CBN) has disclosed that it has concluded payment of all verified claims by airlines with...
Dangote Refinery To Import Crude Oil From US
Dangote Refinery is preparing to import crude from the United States (US) in the forthcoming months, signalling the increasing competitiveness...
CBN Injects $500m Into Forex Market, Vows To Clear Backlog Soon
In a move aimed at addressing the persistent backlog of verified foreign exchange (forex) transactions, the Central Bank of Nigeria...
Fed Govt Vows To Recover Unpaid Royalties From Miners
The Federal Government says it is poised to recover “several trillions of naira” unpaid royalties/ taxes from licensed miners. The...
Dangote Refinery To Produce Gasoline, Polypropylene From March
The President/Chief Executive of Dangote Industries Limited, Aliko Dangote, has hinted that by March 2024, Dangote Refinery will produce gasoline...
NNPCL To Pay Pending $1.76bn Equity In Dangote Refinery
The Nigerian National Petroleum Company Limited (NNPCL) is to pay its pending $1.76 billion equity in Dangote Refinery with $2.5/barrel...
Glo Rewards Subscribers With Business Class Tickets To Europe
Many Glo subscribers in Abuja, Warri and Lagos were overjoyed when the digital solutions provider presented them with business class...