AMCON recovers fresh N100bn from high profile bank debtors
The Asset Management Corporation of Nigeria (AMCON) has disclosed that it has successfully recovered about N100 billion from several high-profile…
Business
CBN pegs interest rate at 31.75%, removes restrictions on banks lending,
The Central Bank of Nigeria, CBN, on Monday lifted the suspension on lending to banks through its Standing Lending Facility,…
NNPC Ltd expands global market footprint to Japan, China
In line with its strategic vision to be a dynamic and reliable global energy supplier of choice, the Nigerian National…
HURIWA hails NNPCL over 2023 financial report
The Human Rights Writers Association of Nigeria (HURIWA) has commended the Nigerian National Petroleum Company Limited (NNPCL) for its unprecedented…
NNPCL’s payment of N2.1tn dividend, N2.6tn tax ‘ll cushion govt’s financial burden—Chukwu
The Chief Executive Officer of Cowry Assets Management Ltd, Johnson Chukwu has said that the dividend and taxes paid by…
FG to begin crude oil sales in Naira October
The Federal Government says it will begin crude oil sales in Naira to Dangote Refinery and others in October. This…
NNPC Ltd. declares N3.3trn profit for 2023 financial year
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has declared N3.3 trillion profit for the 2023 financial year. Chief Financial…
Tinubu reintroduces subsidy to keep fuel price at N700 maximum
President Bola Tinubu has endorsed a request by the Nigerian National Petroleum Company (NNPC) Ltd to utilise the 2023 final…
FG, states, LGs share N1.358trn in July – FAAC
The Federation Accounts Allocation Committee (FAAC) has shared a total sum of N1,358.075 trillion to the Federal Government, States and…
Nigeria’s inflation rate drops to 33.4%, says NBS
The National Bureau of Statistics (NBS) has announced that Nigeria’s inflation rate decreased to 33.40 per cent in July 2024,…