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FG presses pre-2004 civil servants on pension verification

PenCom and the head of the civil service are pressing pre-2004 federal civil servants to complete a one-time online verification for their accrued pension rights.
Business

Dangote pledges 95,000 jobs as refinery scales to 1.4m bpd

Aliko Dangote has pledged 95,000 skilled jobs as his Lagos refinery scales from 650,000 to 1.4 million barrels per day, set to overtake India's Jamnagar.
News

CBN Bans Cash Payout for Travel Allowances

The Central Bank of Nigeria (CBN) has announced a new policy that prohibits authorized...
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Nigeria’s Naira Plummets to All-Time Low Against Dollar

Nigeria’s currency, the naira, has fallen to a record low of 1,534.39 per dollar...
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Naira Plummets to Record Low, Senate Summons CBN Governor

The Nigerian currency, the naira, has hit a new low against the US dollar...
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Nigeria’s Naira Plummets as FX Market Faces Crisis

Nigeria's currency, the naira, has hit a new low against the US dollar in...
News

Naira Surges as Nigeria’s Central Bank Unifies Exchange Rates

Nigeria's naira soared by more than 27 percent against the US dollar on Monday,...
Business

Nigeria’s New Central Bank Chief Promises to Tame Inflation and Stabilise Naira

Nigeria’s newly appointed central bank governor, Olayemi Cardoso, has vowed to curb the soaring...
Business

Nigeria’s inflation crisis: How to survive the soaring prices

Nigeria, Africa’s largest economy, is facing a severe inflation crisis that is eroding the...
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Nigeria Hikes Import Duty Rates Amid Economic Crisis

Nigeria, Africa’s largest economy, is facing a severe economic crisis as the government struggles...
News

Naira Plummets to Record Low as Dollar Supply Shrinks Markets

The naira, Nigeria’s currency, has fallen to its lowest level against the US dollar...
Business

Naira Strengthens Against Dollar as P2P Market Booms

The Nigerian currency, the naira, has appreciated against the US dollar in the peer-to-peer...
News

Mezovest CEO Urges Nigerian Government to Price Local Gas in Naira, Not Dollars

Mr. Tosin Thompson, the CEO of Mezovest, has made a plea to the Federal...
News

Naira Plummets as Nigeria’s Forex Reserves Hit 18-Month Low

The Nigerian naira has continued to lose value against the US dollar, as the...
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News

FG presses pre-2004 civil servants on pension verification

PenCom and the head of the civil service are pressing pre-2004 federal civil servants to complete a one-time online verification for their accrued pension rights.
Business

Dangote pledges 95,000 jobs as refinery scales to 1.4m bpd

Aliko Dangote has pledged 95,000 skilled jobs as his Lagos refinery scales from 650,000 to 1.4 million barrels per day, set to overtake India's Jamnagar.
News

Waltersmith doubles refining capacity to 10,000 bpd

Abdulrazaq Isa's Waltersmith Petroman Oil has doubled its refining capacity to 10,000 barrels per day after completing a Phase 2 expansion in Imo State.
News

Magaji urges FG to form farmer-herder prevention panel

AFAN President Mohammed Magaji has urged the Federal Government to set up a national committee to prevent farmer-herder clashes before they erupt across rural Nigeria.