Business

Nigeria’s external debt is projected to escalate to $45.1 billion by the close of 2024, driven by new borrowing initiatives from the Federal Government. According to the Debt Management Office (DMO), the country’s external debt increased by $780 million in the second quarter of 2024, rising from $42.12 billion in ...

The management of Dangote Refinery is set to engage with the Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) in discussions to establish a direct petrol supply arrangement. This meeting follows a recent agreement between the refinery and the Independent Petroleum Marketers Association of Nigeria (IPMAN), allowing direct petrol ...

The Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Nigeria National Petroleum Company Limited (NNPCL) have warned Nigerians against panic-buying and dismissing reports of a planned hike in the pump price of petrol also called Premium Motor Spirit (PMS). According to reports, fuel marketers clashed with the Nigerian National ...

Former Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, has been released from the Kuje Correctional Centre after his lawyers met all conditions for his bail  His lawyer and Senior Advocate of Nigeria, Mathew Burkaa, made the confirmation Justice Hamza Muazu of the Federal Capital Territory (FCT) High Court ...

Amid the political uncertainty rocking Rivers State that has seen seven members of his cabinet resign in the last 24 hours, Governor Siminalayi Fubara, on Friday assured investors that there is no crisis in the state. Speaking at the flag off of 20,000 housing units in the Ikwerre Local Government ...

The Federal Government on Wednesday asked the Supreme Court to grant an extension of time for old naira notes to remain in circulation as a legal tender. The government also wants the court to lift its March 3 order that the old naira notes should remain alongside the new notes ...

By Stephen Adeleye. A non-governmental organisation, Helpline Foundation for the Needy Abuja in collaboration with Ramatu Tijani Aliyu (RTA) Foundation, has empowered vulnerable 40 women in Kogi with a interest free loan to boost their petty businesses. Speaking at the inauguration on Wednesday in Lokoja, Dr Jumai Ahmadu, the Founder ...

The director, International fund for agricultural development (IFAD) Mrs Dede Ekoue has lauded the outstanding fiscal transparency, agricultural boost and gender inclusiveness of Gov Yahaya Bello in Kogi State. Mrs Dede Ekoue gave the commendation while speaking during a courtesy visit to the Governor of Kogi State alongside her team ...

THE on-going probe embarked upon by Kogi State House of Assembly into the activities of companies and industries operating in the state is yielding positive results as Iluagba in Ijumu Local Government Area of the state which hosts MANGAL Industry Limited has proposed to relocate residents whose houses are close ...