Sunday, June 28, 2026
P&ID rejects fed govt’s $250m settlement offer
President Muhammadu Buhari and vice-president Yemi Osinbajo separately approved negotiation with Messrs Process and Industrial Developments (P&ID) after the Arbitration...
Read moreDetailsCBN interventions in retail secondary market hit $13bn in 1yr
The volume of the Central Bank of Nigeria's interventions in the retail secondary market intervention sales (SMIS) hit the sum...
Read moreDetailsOsinbajo, ministers, others meet over $9.6 bn judgement
Vice President Yemi Osinbajo on Monday chaired a meeting over the $9.6 billion judgement against Nigeria. The $9.6 billion dollar...
Read moreDetailsOil slips as U.S., China add more tariffs in trade war
Kenneth Afor, with agency reports Oil prices weakened on Monday after new tariffs imposed by the United States and China...
Read moreDetailsPetrol subsidy gulped N650.2bn in 12 months – Report
The federal government spent a total N650.2bn in subsidising premium motor spirit; latest statistics obtained from the Nigerian National Petroleum...
Read moreDetailsCustomers won’t pay for returning bad notes – CBN
The Central Bank of Nigeria on Sunday said that customers of banks would not be charged any fee for returning...
Read moreDetailsExternal reserves sink to five-month low of $43.67bn
The nation’s foreign exchange reserves have dropped to a five-month low of $43.67bn, losing $1.23bn in 29 days, latest data...
Read moreDetailsStock market sheds N1.5trn in eight months
Investors in the nation’s stock market have lost a total of N1.52tn in eight months, as the total market capitalisation...
Read moreDetailsPower sector crisis: Group sets strong agenda for major debate on solutions
Anumber of water-tight agenda have been drawn up by a group of Nigerian and international oil, gas, power and energy...
Read moreDetailsNigerians will still pay more for visa, says US
The US embassy says for now, the additional cost for visa application still applies to Nigerians. On Tuesday, the embassy...
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Renewables account for 15% of global energy use despite record growth, REN21 Says