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...
US Dollar transactions surged by 38.93 per cent as the Naira maintained significant gains in the foreign exchange market. FMDQ data showed that USD transactions increased...
In anticipation of commencement of operations at the Port Harcourt Refinery Company next month, the Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Major Energy...
The National Communication Commission (NCC) has said that the data and voice services affected due to cuts in undersea fibre optics along the coasts of Cote...
The National Identity Management Commission, NIMC, and the Nigerian Communications Commission, NCC, have announced a strategic collaboration to enhance National Identification Number (NIN)-SIM linkage. Under the...
Following a countrywide internet outage experienced by banks and telecommunication companies Thursday, MainOne, a Digital Infrastructure Service Provider, on Friday declared a force majeure, and explained...
The National Bureau of Statistics (NBS) has disclosed that Nigeria’s headline inflation rate increased to 31.70 percent in February 2024. The NBS made the disclosure in...