Business News

The Central Bank of Nigeria (CBN) has announced a significant inflow of over $1.5 billion into the country's economy recently, signaling a positive impact of its monetary policy measures. According...

Nigeria now produces crude oil from over 246 fields across the country and operates 188 production stations/platforms, the Federal Government has stated. Data obtained in Abuja on Friday from the...

As TotalEnergies clocked 100 years, the company has promised to continue to adjust and adapt to be part of the story of energy for another 100 years. On March 28,...

The Minister of Power, Adebayo Adelabu, has disclosed that the Federal Government would start paying part of the debts it owes power generating companies and gas suppliers from April. Adelabu...

Plans are underway to position Nigeria as a major player in the vehicle manufacturing industry, according to the Minister of Industry, Trade and Investment, Doris Uzoka-Anite. The minister stated this...

The Central Bank of Nigeria has disclosed that over $1.5bn came into the Nigerian economy over the past few days, indicating that its monetary policy efforts are effective. The CBN’s...

The Central Bank of Nigeria (CBN) has significantly reduced the exchange rate for customs import duties collection, marking the lowest rate observed in the past eight weeks. According to ENTREPRNEURNG's...

The banking sector is abuzz with dissent following the Central Bank's recent announcement of revised capital requirements, which exclude retained earnings from the share capital calculation. In a move aimed...

The board of directors of Geregu Power Plc’s proposed N20bn dividend has been approved by shareholders. The approval was given at the last annual general meeting of the firm, which...

The Nigerian Upstream Petroleum Regulatory Commission says Dangote refinery and other local crude oil refining facilities in the country have been complaining of lack of feedstock. Consequently, the NUPRC Chief...