Nigeria Generates N103.7bn from Electronic Money Transfer Levies in H1 2024

The Federal Government of Nigeria has generated N103.7bn in revenue from the Electronic Money Transfer Levies in the first half of 2024. According to data from the Central Bank of Nigeria’s statistical bulletin,... Read more »

Nigeria’s Power Generation Drops In Second Quarter 2024

Data released by the Nigerian Electricity Regulatory Commission has revealed that power generated in the country dropped in the second quarter of 2024. As of the first quarter of 2024, the country... Read more »

Dangote Refinery Begins Direct Sales to Marketers

The Federal Government has announced that the Marketers are now permitted to directly obtain petrol from the Dangote Refinery The Federal Government has granted permission for petroleum marketers to obtain petrol directly... Read more »

Zenith Bank Restores Full Access to Digital-Channels After Infrastructure Upgrade

Zenith Bank, one of Nigeria’s foremost financial institutions, has successfully restored full operational services across its electronic transaction channels, ensuring that customers can now enjoy seamless access to digital banking services. This... Read more »

System Upgrade: Access Bank To Experience Temporary Service Disruption

Access Bank has announced that it will temporarily shut services for a system upgrade aimed at optimising its offerings to customers. In an email sent to its customers on Tuesday, the bank... Read more »

Naira Drops Further As NNPCL Hikes Fuel Prices Again

The naira continued its downward spiral against the dollar at the foreign exchange market following another round of fuel price increases by the Nigerian National Petroleum Company Limited. This latest adjustment marks... Read more »

Misconduct: CBN Debunks Allegations Against GTCO

In a show of strong support for Guaranty Trust Holding Company (GTCO), the Central Bank of Nigeria (CBN) has set the record straight by debunking allegations being peddled against GTCO and its... Read more »

Nigeria Attracts $5.97 Billion Investments in H1 2024, Despite Economic Challenges

Nigeria attracted $5.97 billion investments in the first half of 2024, according to a capital importation report by the National Bureau of Statistics (NBS) on Tuesday.The report indicated that total capital importation... Read more »

BREAKING: NNPC Set To Terminate Dangote Refinery Agreement

Nigerians will soon face increased petrol prices due to the Nigerian National Petroleum Company Limited (NNPC Ltd) decision to terminate its exclusive purchase agreement with Dangote Refinery According to a Premium Motor... Read more »

Dangote Refinery To Save Africa $17bn From Petroleum Products Import

Chairman of Dangote Refinery and Petrochemicals Company Limited, Aliko Dangote, has said that Nigeria’s in-country petroleum products refining would help save the continent a whopping $17 billion spent to import products from... Read more »