NNPCL Refutes Rumors of Fuel Price Adjustment

The Nigerian National Petroleum Company Limited (NNPCL) has quashed rumors circulating on social media regarding a potential decrease in the pump prices of Premium...

FG, States, LGs Share N1.15 Trillion From February Allocation

In the latest meeting chaired by the Minister of Finance and Coordinating Minister for the Economy, Wale Edun, the Federation Account Allocation Committee (FAAC)...

Presidency Advises Forex Speculators to Dump Dollars

Amidst recent fluctuations in the exchange rate of the Nigerian naira against major currencies like the dollar, the presidency has expressed optimism about the...

NNPCL Vows To Use Gas To Trigger Nigeria’s Industrialisation, Economic Development

The Nigerian National Petroleum Company (NNPC) Ltd has stressed its commitment towards utilizing the abundant gas resources to trigger Nigeria’s industrialisation and economic development. The...

How We’re Stabilizing Exchange Rate, Curbing “Imported Inflation” – CBN Spokesperson

Spokesperson of the Central Bank of Nigeria (CBN), Mrs Hakama Sidi Ali has identified the clearing of the foreign exchange transactions backlog as part...

CBN Urges Vigilance Against Fraud

The Central Bank of Nigeria (CBN) has urged Nigerians to educate themselves and their children about the tactics of fraudsters and scammers to safeguard...

We’re Still Battling Fuel Subsidy Beneficiaries – President Tinubu 

President Bola Tinubu has given a strong indication that his government is still battling with beneficiaries of the fuel subsidy which he removed on...

Nigeria’s Inflation Climbs To 31.7%, Highest In 28 Years

The National Bureau of Statistics (NBS) has  announced a significant year-on-year increase in Nigeria's headline inflation rate, soaring to 31.7% in February 2024 from...

UTM Offshore Is Set To Float Gas Project, Solicits NCDMB’s Equity Investment

UTM Offshore Limited, promoters of Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility has requested the Nigerian Content Development and Monitoring Board (NCDMB) to...

Tinubu Appoints Former Lagos Transport Commissioner As NIMASA Boss

President Bola Tinubu has appointed a former Transport Commissioner in Lagos State, Dr. Dayo Mobereola as Director-General of the Nigerian Maritime Administration and Safety...
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