JUST IN: CAC EXTENDS POS REGISTRATION DEADLINE TO SEPT 5
The Corporate Affairs Commission (CAC) has announced the extension of mandatory Point of Sales agents, super agents, and sole agents registration to September 5, 2024....
BAND A CUSTOMERS EXPRESS FRUSTRATION AS DISCOS FURTHER JERK UP ELECTRICITY TARIFF
Following announcements by distribution companies about an additional rise in the tariff price for Band A users, customers of electricity have expressed frustration. The issue...
DANGOTE CRITICIZES CBN’S LATEST 30% INCREMENT IN INTEREST RATE
Aliko Dangote, the chairman and CEO of the Dangote Group, has criticized the Central Bank of Nigeria (CBN) for its most recent interest rate increase,...
NIGERIA’S CAPITAL IMPORTATION SURGES 210% TO $3.37M IN Q1 2024
According to recently published National Bureau of Statistics (NBS) data, total capital imports into Nigeria increased by 210.16% to $3,376 million during the first quarter...
NIGERIA’S FIRST RAW GOLD SALE YIELDS $5M ECONOMIC BOOST
According to the Minister of Solid Minerals Development, Dele Alake on Sunday, Nigeria has recorded a commercial transaction of raw gold sales at the London...
UPDATE: PETROL PRICE RISES BY 223% TO N770 PER LITRE – NBS
According to data from the National Bureau of Statistics (NBS), the average price of Premium Motor Spirit (PMS), generally known as gasoline, increased by 223.21%...
NAIRA APPRECIATES AGAINST DOLLAR AT BLACK MARKET
The Naira appreciated marginally to N1,480 against the dollar at the parallel foreign exchange market, also known as the black market, amid the Sallah holidays....
OPERATION WHIRLWIND: SMUGGLING PUSHES PETROL PRICE T N900 – CUSTOMS
Comptroller Kehinde Ejibunu, the National Coordinator of Operation Whirlwind for the Nigeria Customs Service, claims that the price of Petrol Motor Spirit items has increased...
NIGERIA’S CRUDE OIL PRODUCTION DROPS TO 1.25M BARREL PER DAY – OPEC
According to direct communication from the Organization of Petroleum Exporting Countries (OPEC), Nigeria's average crude oil output in May decreased to 1.25 million barrels per...
NO PLAN TO REVOKE WEMA, POLARIS, UNITY, FIDELITY LICENCES – CBN
…Reassures Public About Safety of Their Bank Deposits The Central Bank of Nigeria has said there is no plan to revoke the operating licences of...