CBN To Implement New ATM Transaction Fees From March 1
The Central Bank of Nigeria (CBN) has announced a review on the transaction fees for automated teller machines (ATMs) In a circular signed by John…
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FG To Launch New Mining Corporation, Mining Development Bank
The Nigerian government is getting ready to create a new mining company. Segun Tomori, who handles media for the Minister of Solid Minerals Development Dele…
Dangote Refinery Slashes Diesel Price To ₦1,020 Per Litre
The Dangote Petroleum Refinery and Petrochemicals has announced a further reduction in the price of diesel, lowering it from N1,075 to N1,020 per litre at…
ARG Begins Overhaul Of P’harcourt Refinery’s Crude Oil Terminals
The African Refinery Group has announced the commencement of the revamp of the Bonny Export Terminal facilities located in the Port Harcourt Refining and Petrochemical…
Lagos Enters Agreement With Summa Group To Develop Lekki-Epe Airport
The Lagos State Government has signed a Memorandum of Understanding (MoU) with the internationally renowned construction company, Summa Group, for the development and construction of…
NNPCL Under Pressure To Reduce Petrol Price Amid Rivalry With Dangote Refinery
The Nigerian National Petroleum Company Limited mulls fresh premium motor spirit price reduction as MRS filling station, in partnership with Dangote Refinery, announced a fuel…
Trump Shuts Down DOJ Team Investigating Abacha’s Stolen Billions
U.S. President Donald Trump disbanded the Department of Justice unit specializing in tracing and recovering multibillion-dollar loot from corrupt foreign leaders. Trump disbands DOJ team…
₦70,000 Minimum Wage: States’ Salaries Rise By 90% To ₦3.8 Trillion
The amount budgeted for personnel costs, including salaries and allowances to state civil servants, has increased from N2.036tn spent in 2024 to N3.87tn in the…
NPA Implements 15% Tariff Hike To Boost Port Infrastructure
The Nigerian Ports Authority (NPA) has secured necessary approvals for a 15 percent upward review of its tariffs, marking the first increase since 1993. The…
Nigeria Is Africa’s Largest Economy – World Bank’s Country Director For Nigeria
The World Bank’s Country Director for Nigeria, Dr. Ndiame Diop, has confirmed that Nigeria remains the largest economy in Africa by Gross Domestic Product (GDP)despite…