The Nigerian National Petroleum Company Limited (NNPCL) has attributed the recent fuel supply and distribution crisis across the country to problems associated with the...
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Central Bank of Nigeria (CBN) over its alleged failure to account for and...
In an unprecedented move that reeks of desperation, President Bola Ahmed Tinubu, on Wednesday, July 17, 2024, through a letter, requested the Senate to approve...
The Federal Capital Territory (FCT) police command has deployed 4,200 officers in preparation for a nationwide protest scheduled to begin on August 1. The protest, dubbed...
Afrexim Bank’s latest report raises concerns that the proposed 5% tax on companies earning over N100 million for community development projects could result in the departure...
The competition in Nigeria’s automotive sector has intensified with the introduction of the OMAA F5 Compressed Natural Gas (CNG) Pickup at the recently concluded...
Nigeria’s Minister of Finance, Wale Edun, announced that the country’s revenue to debt service ratio has improved significantly, dropping from 97% in 2023 to 68% in...
The naira experienced a further decline on the Nigerian Autonomous Foreign Exchange Market (NAFEM) window, closing at N1,603.80/$1 on Thursday, July 25, 2024. According...
Nigerian corporates and SMEs have expressed deep concern over the Central Bank of Nigeria’s (CBN) failure to settle foreign exchange (FX) forwards that matured between 2022...
The Area Controller of Nigeria Customs Service, NCS, Cross River/Akwa Ibom Command, Chukwudi Gabriel Ogbonna, has stressed that Nigeria requires more manufacturing firms instead of...