Nigeria’s Inflation Rate Slows to 32.15% in August 2024, Marking Second Consecutive Monthly Decline
Nigeria's headline inflation rate moderated to 32.15% in August 2024, down from 33.40% in July, a decrease of 1.25 percentage...
Dangote Group Refutes NNPC’s Petrol Pricing Claim Amidst Ongoing Refinery Operations
The Dangote Group has issued a strong rebuttal to recent claims made by the Nigerian National Petroleum Company Limited (NNPCL)...
Guaranty Trust Holding Company to Write Off Major Loan and Initiate Recovery Measures
Guaranty Trust Holding Company (GTCO) is poised to eliminate a significant loan extended to the Aiteo Group, an oil and...
Nigeria’s FX Reserves Surge by $621.2 Million in 10 Days After Successful Domestic Bond Sale
Nigeria's foreign exchange reserves experienced a notable increase of $621.2 million over a span of 10 days, following the successful...
Harvesters International Christian Centre Lekki Steps Up to Support Lagos State Workers Amid Fuel Scarcity
In a notable gesture of community support during a period marked by severe fuel scarcity and economic strain, Harvesters International...
Dangote Refinery to Commence PMS Distribution to NNPC
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has announced that the Dangote Refinery is...
Federal Government Announces Public Holiday for Eid-ul-Mawlid on September 16, 2024
The Federal Government has officially declared Monday, September 16, 2024, as a public holiday in celebration of Eid-ul-Mawlid, which commemorates...
Borno State Faces Severe Flooding After Dam Collapse, Displacing Thousands
The collapse of the Alau dam on the Ngadda River in Borno State has led to the most catastrophic flooding...
Wale Edun(MOFI) meets with world bank on power sector reforms.
Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, convened with Guangzhe Chen, the World Bank's Vice...
FBN Holdings Reaffirms Focus Amid FBNQuest Merchant Bank Divestment
On September 7, 2024, FBN Holdings Plc announced the sale of its 100% equity stake in FBNQuest Merchant Bank Limited...
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