Business
Why an Indigenous Group is Opposing Shell’s Planned Sale of Onshore Oil Assets in Niger Delta
An Indigenous group operating under the banner of 'The Forum Against Niger Delta Exploitation' has vehemently opposed the proposed sale...
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Nigerian Government Initiates Payment for Legacy Gas-to-Power Debts as Industry Eyes Upstream Collaboration
The Nigerian federal government has commenced payments for legacy gas-to-power debts owed to gas suppliers, with $120 million already offset...
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NUPRC Issues Criteria for Approval of International Oil Company Divestment in Nigeria
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has unveiled a set of conditions that International Oil Companies (IOCs) must meet...
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Why Nigeria SEC is Imposing Billions in Fines on Binance and Other Cryptocurrency Firms
Nigeria's Securities and Exchange Commission (SEC) is reportedly preparing to impose significant fines, potentially totaling billions of dollars, on cryptocurrency...
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CBN Approves Foreign Exchange Sale to BDCs to Tackle Price Distortions
In a bid to address price distortions and enhance market stability, the Central Bank of Nigeria (CBN) announced on Tuesday...
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Inflationary Pressures: Central Bank of Nigeria Implements Aggressive Monetary Policy Measures
In response to escalating inflationary pressures, the Central Bank of Nigeria (CBN) has taken bold steps to tighten monetary...
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Central Bank of Nigeria’s Monetary Policy Committee Set to Address Inflation Concerns
The Central Bank of Nigeria's Monetary Policy Committee (MPC) is poised to reveal the outcome of its inaugural meeting under...
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Federal High Court Orders FAAN to Disclose Revenue from Toll Gates and Parking Lots
In a significant ruling, Justice Ibrahim Ahmad Kala of the Federal High Court in Lagos has directed the Federal Airports...
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Afreximbank President Highlights Benefits of $3.3 Billion NNPC Loan Amidst Criticisms
The President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank), Benedict Oramah, has defended the...
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Nigeria’s $1.1 Billion Port Rehabilitation Fund Nears Completion as Government Boosts Maritime Security
In a significant stride towards enhancing Nigeria's maritime infrastructure and security, the federal government has announced that the $1.1 billion...
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