Business

CBN Denies Disbursing $1.26 Billion for Fuel Imports

The Central Bank of Nigeria (CBN) has denied reports that it disbursed $1.259 billion to major oil sector operators for the importation of refined...

Police Seal Nestoil Headquarters Over $1 Billion Debt Dispute

The police have sealed the corporate headquarters of Nestoil Limited in Lagos after the company was placed under receivership by a consortium of lenders...

DMO Records 307% Oversubscription at October Bond Auction

Abuja, October 29, 2025 — The Debt Management Office (DMO) has reported a 307.6 percent oversubscription in its Federal Government of Nigeria (FGN) bond...

MAN Projects Naira Strength, GDP Growth, Inflation Decline In 2026

The Manufacturers Association of Nigeria (MAN) has projected a stronger naira, continued decline in inflation, and improved access to credit for manufacturers in 2026. Dr....

Anambra Tops 2025 Fiscal Performance Ranking, Cross River Plunges

Anambra State has emerged as Nigeria’s best-performing state in the 2025 Fiscal Performance Ranking, according to BudgIT’s State of States report released on Tuesday....

Dangote Refinery Redeploys Sacked Engineers Amid PENGASSAN Crisis

The Dangote Refinery has re-employed engineers who were sacked last month during a crisis with the Petroleum and Natural Gas Senior Staff Association of...

Experts Raise Alarm Over Surge in Aviation Fuel Marketers

Aviation and oil industry experts have called on the Nigerian Civil Aviation Authority (NCAA) to urgently regulate the growing number of aviation fuel marketers,...

UBA Hosts Final 2025 Business Series on Strategic Content Marketing

United Bank for Africa (UBA) Plc has announced plans to host the final edition of its quarterly UBA Business Series for 2025, themed “Content...

SEC DG Agama Hails Nigeria’s Removal from FATF Grey List

The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has commended Nigeria’s removal from the Financial Action Task Force (FATF) grey...

FirstBank Redeems $350 Million Eurobond on Maturity

First Bank of Nigeria Limited (FirstBank), West Africa’s premier financial institution and a leading driver of financial inclusion, has announced the successful redemption of...

Popular

Subscribe

Facebook Comments Box