Economy

The much talked about $19 billion Dangote Refinery located in Lagos State on Thursday, received its first tanker of crude oil feedstock volume of about one million barrels from the Nigerian National Petroleum Company Limited (NNPC).The…

Trading activities on equity market of the Nigerian Exchange Ltd. (NGX) ended lower on Thursday, reversing some of the gains recorded Wednesday, due to sell-off in Tier-one bank shares.Specifically, the market capitalisation decreased…

The Debt Management Office, DMO, on Monday, offered two Federal Government of Nigeria, FGN, savings bonds for subscription at N1,000 per unit.The first offer is a two-year FGN savings bond due on December 13, 2025, at an interest rate…

The Presidential Candidate of the Labour Party in the 2023 Election, Mr. Peter Obi has admonished Nigeria to strive to compete with China in the area of production and not on the size of delegations to a specialized conference of experts.…

President Bola Tinubu-led administration appears to be in the eye of the storm after it was revealed that over 1,411 delegates from Nigeria are currently in Dubai for Climate Change Conference (COP28).COP28 which commenced on Thursday…

The Central Bank of Nigeria (CBN) said accounts without a bank verification number (BVN) or national identification number (NIN) will be restricted from April 2024.In a circular released on Friday, December 01, 2023, the apex bank…

Nnamdi Azikiwe University students had a transformative experience on Wednesday, November 29, 2023, when they met with Valentine Ozigbo, a renowned business leader, politician, and philanthropist, at the 2023 Unizik Students…

The exchange rate for Naira in the parallel market for Thursday, November 30, 2023, as confirmed by Bureau de Change operators, is as follows: ABUJA:Date  Currency  Buying (₦)  Central (₦)  Selling (₦) 30/11/2023 US…

Fidelity Bank Plc has become an official signatory of the UN Principles for Responsible Banking (PRB) – a single framework for a sustainable banking industry developed through a collaboration between banks worldwide and the United Nations…

The Central Bank of Nigeria, CBN, has directed all its branches to continue to issue and accept all denominations of both old and redesigned Naira notes to and from Deposit Money Banks, DMBs.The Acting Director of the bank, Corporate…