Monday, August 24, 2026
NNPC chief blames undersupply for hiccups in Nigerian gas value chain
Mele Kyari, group managing director, Nigerian National Petroleum Corporation (NNPC), has explained that the present hiccups in the Nigerian gas...
Read moreDetailsBREAKING: Dollar scarcity bites harder, nocks Naira silly in new low of N535/$1 in streets
The Nigerian Naira has continued to receive hard knocks in the domestic currency market as it dipped by N3 on...
Read moreDetailsBanks, PSPs to process all bulk payments on their platforms, says CBN
The Central Bank of Nigeria (CBN) has directed all licensed banks and payment service banks (PSPs) to ensure that all...
Read moreDetailsNigerian railway services revenue jumps to N1.08bn in Q2 2021, NBS reports
The Nigerian Railway Corporation (NRC) generated N1.08 billion revenue from passenger services and cargo operations in the second quarter of...
Read moreDetailsNigeria’s bilateral debt rises by 145% in 5 years, hits $4.06bn in 2020
Nigeria’s accumulated bilateral debt rose by 144.58 percent to $4.06 billion in the five years from December 2015 to December...
Read moreDetailsBamboo runs out of cash after CBN account freeze, gets court reprieve
Court allows variation of freeze ruling CBN offers no objection An accounts freezing action taken by the Central...
Read moreDetailsOil-rich Bayelsa, despite huge FAAC hauls, among 8 of Nigeria’s poorest states – report
Can’t survive without FAAC disbursements With IGRs of less than 10%, states are insolvent Bayelsa, one of Nigeria’s...
Read moreDetailsBears back on bonds, Naira improves at I&E window, but flat at N532 in streets
FX Market The Naira held steady at N532 per dollar at the parallel market for the second day after it...
Read moreDetailsNNPC begins preparations for IPO in 2024, reveals CEO Kyari
The Nigerian National Petroleum Corporation (NNPC), has set a three year target date for its public listing, giving strongest hints...
Read moreDetailsInsurance offers economic stability, we’ll support its growth, says President Buhari
Tasks operators on innovation President Muhammadu Buhari has assured of the full commitment of the federal government in...
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