UPDATE: DANGOTE REFINERY REDUCES DIESEL PRICE, BY N55 TO N1,020 PER LITRE
Dangote Petroleum Refinery & Petrochemicals has reduced the cost of its diesel product to N1,020 per litre, down from N1,075 per litre at the gantry...
ALLEGED MORTGAGE FRAUD: COURT FIXES MARCH 11 FOR ARRAIGNMENT OF FCMB, THREE OTHERS
A Lagos State Special Offences Court has scheduled March 11 for the arraignment of First City Monument Bank (FCMB) and three co-defendants over allegations of...
LAGOS GOVT SIGNS MoU WITH SUMMA GROUP TO CONSTRUCT LEKKI-EPE INT’L AIRPORT
The Lagos State Government has signed a Memorandum of Understanding (MoU) with construction company, Summa Group, for the development of an international airport in the...
9MOBILE LOSES 6,079 SUBSCRIBERS IN 2 MONTHS
With 6079 subscribers leaving its network in just two months, 9mobile, Nigeria's fourth mobile network operator, has seen a further drop in its subscriber base....
BREAKING: NIGERIA’S NON-OIL EXPORTS HIT $5.46 BILLION IN 2024 – NEPC
According to the Nigerian Export Promotion Council, the value of the nation's non-oil exports has increased by an astounding 20.79 percent, to reach a total...
BUSINESS NEWS: SRI LANKA RECORDS HIGHEST DEFLATION IN 65 YEARS
As the South Asian country rebounds from its greatest economic disaster, official statistics released Friday showed that Sri Lanka's consumer prices dropped by 4.0% in...
BUSINESS: BRITISH DESIGNER KIM JONES QUITS DIOR MENSWEAR
After seven years in charge of Dior Homme's menswear collections, British designer Kim Jones announced his resignation as artistic director on Friday. “The House of...
CBN POLICIES PREVENTED 42.81% INFLATION IN 2024 – CARDOSO
According to Olayemi Cardoso, governor of the Central Bank of Nigeria, without the bank's policy initiatives, inflation would have reached 42.81 percent by December 2024....
JUST IN: CBN CLEARS OUTSTANDING $7BN FX BACKLOG
Governor of the Central Bank of Nigeria, Olayemi Cardoso, on Wednesday, announced that the Federal Government has cleared the outstanding $7bn foreign exchange following a...
CBN SET TO COMMENCE PAYMENT OF FOREX BACKLOG
The Governor of the Central Bank, Olayemi Cardoso has announced that forensic verification to clear all pending foreign exchange backlogs is now completed and payments...