Business

CBN Tightens Grip On Financial Firms, Targets Hidden Owners The Central Bank of Nigeria has directed banks, fintech companies and other payment service providers to reveal their ultimate beneficial owners as part of efforts to…
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UK Hits Nigerian Firm With Sanctions The United Kingdom has imposed sanctions on a Nigerian company accused of helping a financial network linked to Russia. British authorities said the action forms part of efforts to tighten…
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Dangote Refinery Cuts Fuel Price Dangote Petroleum Refinery has reduced the gantry price of petrol by N75 per litre, lowering the cost from N1,250 to N1,175. The company also adjusted its coastal price for petrol, bringing it down…
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FG Vows Uninterrupted Power Supply To Tertiary Health Facilities The Federal Government has unveiled plans to provide reliable electricity to thousands of health facilities across Nigeria, with a target of ensuring uninterrupted power…
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Marketers Move To Import Cooking Gas Cooking gas marketers are preparing to import large volumes of Liquefied Petroleum Gas as prices continue to rise across Nigeria. The move comes after the cost of the product climbed by about…
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Borno N4bn Rail Funds Under Scrutiny Questions are mounting over railway spending in Borno State after reports claimed that more than ₦4 billion was allocated to rail-related projects without any visible infrastructure to show for it. …
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Umahi Hails Tinubu On South East Road Revival Minister of Works David Umahi says the Federal Government is reviving major road projects in the South-East that were conceived decades ago but never completed. He credited the renewed…
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Stakeholders Demands Transparency In FG'S N2.5 Livestock Deal Stakeholders in Nigeria’s livestock sector have called on the Federal Government to release details of its reported $2.5 billion agreement with jbs.com.br⁠, a Brazilian meat…
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Senate Dismisses Oshiomhole's Remark Against NNPC The Nigerian Senate is considering a motion aimed at stopping its committees from independently issuing arrest warrants and reinforcing due process in legislative investigations. …
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Senate Orders Ex NNPC Boss Arrest Over N210tn Probe The Senate Committee on Public Accounts has ordered the arrest of former NNPC Group Chief Executive Officer, Mele Kyari, after he failed to appear before lawmakers investigating…
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