JUST IN: NEXT-OF-KIN NOW ELIGIBLE TO CLAIM FUNDS IN DORMANT ACCOUNTS – CBN
The Central Bank of Nigeria (CBN) has cleared next-of-kin, legal representatives, or beneficial owners to claim unclaimed balances in dormant accounts. In a report released...
BREAKING: TINUBU ORDERS SALE OF CRUDE OIL TO DANGOTE REFINERY
President Bola Tinubu has directed the Nigerian National Petroleum Company Limited to sell crude to Dangote Refinery and other upcoming refineries in Naira. The Special...
TOTALENERGIES PULLS OUT OF SOUTH AFRICAN GAS FIELDS OVER ECONOMIC HURDLES
On Monday, French energy giant, TotalEnergies said it was withdrawing from two offshore gas fields in South Africa as they did not appear economically viable....
DOMESTIC AIRFARE RISES 14% to N89,886 IN JUNE – NBS
According to the National Bureau of Statistics (NBS), domestic airfare increased from N78,721 in May to N89,886 year-over-year (YoY) at a rate of 14%. This...
MARKET WOMEN IN EDO PROTEST LEADERSHIP IMPOSITION
On Thursday, Edo State Market Women Association members demonstrated in the streets against the purported attempt to impose Pastor Josephine Ebhaguejezele as Edo Market's Iyaloja....
PCN SHUTS PHARMACIES, MEDICINE SHOPS IN BAUCHI STATE
After a significant enforcement effort, the Pharmacy Council of Nigeria (PCN) closed 571 pharmacies and medical stores in Bauchi State. Pharm Stephen Esumobi, the Director...
NNPC SET TO RECRUIT NEW WORKERS
According to the Nigerian National Petroleum Company Limited, it plans to expand its workforce. The energy company will be hiring for a variety of roles...
JUST IN: NIGERIA’S DEBT SERVICE PLUMMETS AS REVENUE SURGES
With a sharp drop in debt service and a rise in non-oil earnings, the Nigerian government has made notable progress in managing its finances. These...
NAIRA DEPRECIATES TO N1,575/$ IN PARALLEL MARKET
The naira depreciated yesterday to N1,575 per dollar in the parallel market from N1,565 per dollar on Tuesday. However, the Naira depreciated to N1,586.71 per...
ECONOMY: INFLATION JACKS UP PRICES OF BEANS, YAM, OTHERS IN JUNE
A recent report from the National Bureau of Statistics shows that in June 2024, the cost of food items such as beans, tomatoes, yams, garri,...