Nigeria may add 480,000 barrels to its daily crude oil output as the Nigerian National Petroleum Company Limited and ExxonMobil took a step towards resolving the disagreement surrounding the sale of the... Read more »

Diaper and sanitary pad manufacturer, Kimberley Clark will soon announce an imminent shutdown of its Ikorodu production facility two years after investing $100 million in Nigeria. Sources within the company informed Nairametrics... Read more »

Governor Babajide Sanwo-Olu of Lagos state has reiterated his commitment to make the state a safe haven for investments through the reform of the justice sector.Speaking on Monday at the opening ceremony... Read more »

The complete list: The Central Bank of Nigeria dismisses 14 directors Clement Oluranti Buari, Director, Strategy Management Dr Blaise Ijebor, Director, Risk Management Lydia Ifeanyichukwu Alfa, Director, Internal Audit Jimoh Musa Itopa,... Read more »

– Demands over N100 Billion as relief. One of Nigeria Prominent Business Magnates and Group Chairman of First Bank Plc ; Mr Femì Otedola has dragged Zenith Bank Plc and Jim Ovia,... Read more »

The Governor of Central Bank of Nigeria, Mr. Olayemi Cardoso has urged the citizens to be patient over the fight against current inflation and hike in food items in the country. Cardoso disclosed... Read more »

The monetary policy committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which benchmarks interest rates, from 24.75 percent to 26.25 percent. On May 15, Nigeria’s inflation rate rose to... Read more »

The Central Bank of Nigeria (CBN) has withdrawn its earlier circular directing banks to implement a controversial 0.5% cybersecurity levy on electronic transactions. The apex bank had on May 6 issued a... Read more »

The Dangote oil refinery is set to put an end to the monthly importation of an average of 1 billion litres of premium motor spirit in Nigeria. This was as the Chairman... Read more »