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Over 11,000 Nigerians apply to sail on Navy warship

More than 11,000 Nigerians have applied to sail on a Nigerian Navy warship, blowing past expectations and forcing officials to draw up a selection plan.
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NNPC denies selling refinery scrap, warns public against fraudsters

NNPC Limited has denied selling scrap materials, equipment or components from its three refineries, warning the public against fraudsters posing as company agents.
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Nigeria’s Central Bank Doubles Down on Inflation Fight

Nigerians are feeling the pinch of rising prices, and the Central Bank is taking decisive action. Governor Dr. Olayemi Cardoso reaffirmed the Monetary Policy Committee's (MPC) commitment to keeping interest rates high to combat inflation. This comes after two significant interest rate hikes in 2024, pushing the benchmark lending rate to a record 24.75%.
Business

Supreme Court Extends Validity of Old and New Naira Notes

Nigeria's Supreme Court has ruled in favor of the indefinite legal tender status of both old and new naira notes, impacting the nation's economy.
Business

JP Morgan Forecasts Naira to Reach N850/$ by Year-End: What It Means for Nigeria

JP Morgan, a renowned global financial services company, has made a prediction that the...
News

Nigeria Faces Naira Pressure, IMF Offers Loan Option

Nigeria’s currency, the naira, is under pressure and the country could seek a loan...

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Over 11,000 Nigerians apply to sail on Navy warship

More than 11,000 Nigerians have applied to sail on a Nigerian Navy warship, blowing past expectations and forcing officials to draw up a selection plan.
News

NNPC denies selling refinery scrap, warns public against fraudsters

NNPC Limited has denied selling scrap materials, equipment or components from its three refineries, warning the public against fraudsters posing as company agents.
News

Tinubu meets Abbas and Reps after rejecting senators’ ticket bid

President Tinubu held a closed-door meeting with House Speaker Tajudeen Abbas and other Reps at the Villa, days after shutting down senators' automatic ticket bid.
Business

Dangote offers to build East Africa a refinery matching his Lagos plant

Aliko Dangote has offered to build a refinery in Tanzania matching his 650,000-barrel-per-day Lagos plant, with Kenya and Uganda already in talks on the project.