University College Hospital, Ibadan, says it did not owe Ibadan Electricity Distribution Company) N495 million bill, as being insinuated. UCH’s Public Relations Officer, Funmilayo Adetuyibi, stated...
The Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN, raised Monetary Policy Rate, MPR, – inter-bank loan interest rate – by 200 basis...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has crashed the depot price of Premium Motor Spirit (PMS), popularly known as petrol, from N640 per litre...
Following recent undersea cable cuts that challenged connectivities in many countries in the West African region, Nigeria has called for a coordinated and multilateral approach by...
The Debt Management Office (DMO) on Friday disclosed in Abuja that Nigeria’s public debt stock as at Dec. 31, 2023 stood at N97.341 trillion (108.229 billion...
The Nigeria Customs Service (NCS), has initiated a 90-day window, for the regularisation of import duties on specific categories of vehicles to ease economic hardship and...
The Federation Account Allocation Committee, FAAC, has shared a total sum of N1.152 trillion February revenue to the Federal Government, states and Local Government Councils, LGCs....
The Minister of Power, Adebayo Adelabu, has revealed how a private company reportedly held on to N32 billion paid into its account in 2003 for the...
The naira rebounded against the United States dollar on Wednesday at the official and parallel markets, with the local currency recording a significant gain against the...
The Central Bank of Nigeria, CBN, has cleared all valid foreign exchange backlogs. The apex regulatory institution made the disclosure in a statement by CBN’s Acting...