Business & Economy

The Nigerian National Petroleum Company Limited (NNPCL) has firmly denied allegations that it sells substandard petrol with a high burn rate. The company issued a statement on Saturday through its...

The Central Bank of Nigeria (CBN) has clarified that Nigerians withdrawing less than N20,000 from another bank’s ATM will incur a N100 fee per transaction. This was detailed in an...

Aliko Dangote, President of Dangote Group, has reaffirmed the company’s determination to eliminate Nigeria’s reliance on raw sugar imports by investing over $700 million in local sugar production. Speaking at...

The Nigerian Export Promotion Council (NEPC) has announced that Nigeria’s trade volume in 2024 reached 7.2 metric tons, with a 20.7% increase in export value, totaling $5.45 billion. Speaking at...

The Secretary to the Government of the Federation (SGF), Senator George Akume, has announced that Nigerians must possess a National Identification Number (NIN) to access social services and benefit from...

The Central Bank of Nigeria (CBN) has eliminated the three free monthly withdrawals previously granted to bank customers using other banks' ATMs.   In a circular dated February 10, 2025, the...

The Moroccan Investment and Export Development Agency has announced plans to mobilize investors for direct investment in agriculture and green energy in Yobe State. The agency's Head of Emerging Industries,...

The Dangote Petroleum Refinery has ramped up its daily production to 85 per cent of its 650,000 barrels per day (bpd) capacity, with expectations to reach full capacity in the...

The African Development Bank (AfDB) has reaffirmed its commitment to transforming agriculture in Africa with a $3 billion investment in Special Agro-Industrial Processing Zones (SAPZ) across more than 11 countries....

The Central Bank of Nigeria (CBN) has adjusted the schedule for its 299th Monetary Policy Committee (MPC) meeting, initially set for February 17 and 18, 2025. The meeting will now...