Nigeria, UAE, others to partner on $400bn commodities sector
Nigeria and United Arab Emirates are exploring ways to collaborate to enhance the development of Nigeria’s vast commodity ecosystem, with potential to unlock more...
Imported petrol beats Dangote on price
The landing cost of imported Premium Motor Spirit (petrol) is now lower than the gantry price of the commodity from the Dangote Petroleum Refinery,...
CBN grants 2 months use of expired NAFDAC licences for imports
The Central Bank of Nigeria (CBN) has approved a temporary window allowing importers to use expired National Agency for Food and Drug Administration and...
MTN suffered 9,218 fibre cuts in 2025 -CEO
Nigeria’s largest telecom operator, MTN, said its network suffered 9,218 fibre cuts in 2025, highlighting persistent weaknesses in the country’s telecom infrastructure. Theft and...
CBN upgrades Opay, Moniepoint, Palmpay, others to national licenses
The Central Bank of Nigeria (CBN) has upgraded the licenses of major FinTech companies and Microfinance Banks, including Opay and Moniepoint, to national status,...
Gold tops $5,000 as concerns over Trump upending global relations drive a historic rally
Gold prices surged beyond $5,000 per ounce for the first time, as investors rushed to the safe-haven asset as concern spread that US President...
Bank customers’ complaints grow by 143%, as CBN resolves 9,771
The Central Bank of Nigeria, CBN, said it resolved 9,771 out of 10,704 bank customers’ complaints in the first half of the year (H1’25).
CBN...
World Bank raises Nigeria’s 2026 economic growth rate projection to 4.4%
The World Bank has increased its projection for Nigeria’s economic growth rate for 2026 to 4.4 percent from the 3.7 percent forecasted in June...
Umahi lauds JRB Construction, expresses satisfaction on Abuja-Keffi Road reconstruction
The Minister of Works, Engr. Dave Umahi has commended JRB Construction Company Limited for the work done on the Abuja-Keffi dual carriageway project.
Umahi gave...
NCC, CBN set to roll out refund framework for failed airtime, data transactions
The Nigerian Communications Commission (NCC), and the Central Bank of Nigeria (CBN), have drawn up a framework to address consumer complaints arising from unsuccessful...
